Diemans Corp

question 37

Multiple Choice

Diemans Corp. has provided a part of its budget for the 2^nd quarter: The cash balance on April 1 is $12,000. Assume that there will be no financing transactions or costs during the quarter. Calculate the cash balance at the end of April.

• A)$50,000
• B)$40,200
• C)$39,600
• D)$51,800

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