Fulkron Manufacturing Provides the Following Data Excerpted from Its 3rd

question 90

Multiple Choice

Fulkron Manufacturing provides the following data excerpted from its 3rd quarter budget: $$\begin{array} { | l | r | r | r | } \hline & \text { Jul } & \text { Aug } & \text { Sep } \\\hline \text { Cash collections } & \$ 66,000 & \$ 42,000 & \$ 45,000 \\\hline \text { Cash payments: } & & & \\\hline \text { Purchases of inventory } & 50,000 & 48,000 & 25,000 \\\hline \text { Operating expenses } & 10,000 & 15,000 & 20,000 \\\hline \text { Capital expenditures } & 0 & 32,000 & 6,000 \\\hline\end{array}$$
-Refer to the table above,The cash balance on June 30 is projected to be $10,000. Based on the above data, calculate the shortfall the company is projected to have at the end of August.

• A) $32,000
• B) $43,000
• C) $37,000
• D) $16,000

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Definitions:

Positive Reinforcement

A learning process in which a behavior is followed by a desirable consequence, strengthening the likelihood that the behavior will be repeated.

Token Economy

A behavior modification system using tokens as reinforcement for desired behaviors, which can be exchanged for rewards.

Performance Criteria

Defined standards used to assess the effectiveness or success of a specific task or activity.

Group-Oriented Contingency

A behavioral strategy that applies reinforcement or punishment to a group as a whole dependent on meeting predefined criteria.