A Cash Budget by Quarters for the Carney Company Is

question 100

Multiple Choice

A cash budget by quarters for the Carney Company is given below (note that some data are missing) . Missing data amounts have been keyed with either question marks or lowercase letters (a, b, c, etc.) ; these lowercase letters will be referred to in the questions that follow. (It may be necessary to calculate a value for items where a question mark appears.) A zero amount is designated by a dash (-) . The company requires a minimum cash balance of at least $10,000 to start a quarter. All data are in thousands of dollars.

Carney Corporation
Cash Budget


-What is the cash disbursed for purchases during the second quarter (item c) ,in thousands of dollars?

• A) $9.
• B) $13.
• C) $21.
• D) $55.

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