A Company Has a Beginning Cash Balance of $2,000

question 130

Multiple Choice

A company has a beginning cash balance of $2,000. For the year, it, estimates cash receipts of $105,900. It has a desired ending cash balance of $3,500 and anticipates no new financing. The estimated cash disbursements are:

• A)$105,400.
• B)$104,400.
• C)$106,900.
• D)$108,400.

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Definitions:

Qur'an

The central religious text of Islam, believed by Muslims to be a revelation from God (Allah).

Stock Option Plan

A compensation strategy that gives employees the option to buy company stock at a future date at a price established when the option is granted.

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Designed compensation strategies that aim to motivate employees by tying a portion of their earnings to performance metrics.

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Groups of employees who are assigned to collaborate and work together towards achieving a common goal or completing a specific project.