Use the Information Below to Answer the Following Questions -Refer to the Table Above

question 56

Multiple Choice

Use the information below to answer the following questions.
Crystal Computers owns a chain of seven shops selling computer goods. In the past the company maintained a healthy cash balance. However, this has fallen in recent months, and at the end of September 2018 it had an overdraft of $100,000. In view of this, its managing director has asked you to prepare a cash forecast for the next six months. You have collected the following information: $\begin{array}{lrrrrrr}&\text { Oct. } & \text { Nov. } & \text { Dec. } & \text { Jan. } & \text { Feb. } & \text {March } \\&\$ 000 & \$ 000 & \$ 000 & \$ 000 & \$ 000 & \$ 000\\\text { Cash Sales forecast } & 250 & 200 & 250 & 350 & 200 & 80 \\\text { Cash Purchases } & 180 & 160 & 130 & 40 & 50 & 60 \\\text { Wages and Salaries } & 40 & 40 & 50 & 40 & 40 & 45 \\\text { Rent } & & & 80 & & &\\\text { Rates } & & & & & & 60 \\\text { Other Expenses } & 25 & 25 & 25 & 25 & 25 & 25\\\text { Refurbishing Shops }&&&&&&{80} \\&245 & 225 & 285 & 185 & 115 & 190\\\end{array}$
-Refer to the table above. The projected cash balance at the end of November is:

• A)($25,000).
• B)($120,000).
• C)$25,000.
• D)($100,000).

Understand the concept of identity in adolescence.

Grasp Kubler-Ross's stages of grief and their expression in different contexts.

Comprehend Erikson's theory of psychosocial development across the lifespan.

Understand the principles of copyright law as it applies to Internet content.

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Definitions:

Statistical Control Chart

A graphical tool used in quality control processes to analyze how a process changes over time, monitoring variability and detecting trends or shifts.

Critical Value

A threshold in statistics that a test statistic must exceed to reject a null hypothesis; it delineates the boundaries of the critical region.

Variances

The differences between planned or expected results and actual outcomes in budgeting and accounting.

Material Price Variances

The difference between the actual cost of materials and the expected or budgeted cost of materials in production processes.