Answer the Following Question(s)using the Information Below

question 87

Multiple Choice

Answer the following question(s) using the information below.The following information pertains to Tiffany Company:
Cash is collected from customers in the following manner:
40% of purchases are paid for in cash in the month of purchase, and the balance is paid the following month.Labour costs are 20% of sales.Other operating costs are $15,000 per month (including $4,000 of depreciation) .Both of these are paid in the month incurred.The cash balance on March 1 is $4,000.A minimum cash balance of $3,000 is required at the end of the month.Money can be borrowed in multiples of $1,000.
-How much cash will be disbursed in total in March?

• A)$21,000
• B)$34,200
• C)$48,200
• D)$44,200
• E)$45,800

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Definitions:

Countertransference

A psychoanalytic term that refers to a therapist’s unconscious personal reaction to aspects of the client.

White Privilege

The societal privileges that benefit White people over non-White people in some societies, particularly if they are otherwise under the same social, political, or economic circumstances.

Personal Responsibility

The concept that individuals are accountable for their own actions and decisions and should take an active role in shaping their lives.

Non-Mainstream Cultures

Cultures that exist outside the dominant or mainstream social, economic, and cultural systems, often retaining distinct languages, traditions, and social practices.