Use the Information Below to Answer the Following Questions -Refer to the Table Above

question 41

Multiple Choice

Use the information below to answer the following questions.
Crystal Computers owns a chain of seven shops selling computer goods. In the past the company maintained a healthy cash balance. However, this has fallen in recent months, and at the end of September 2018 it had an overdraft of $100,000. In view of this, its managing director has asked you to prepare a cash forecast for the next six months. You have collected the following information: $\begin{array}{lrrrrrr}&\text { Oct. } & \text { Nov. } & \text { Dec. } & \text { Jan. } & \text { Feb. } & \text {March } \\&\$ 000 & \$ 000 & \$ 000 & \$ 000 & \$ 000 & \$ 000\\\text { Cash Sales forecast } & 250 & 200 & 250 & 350 & 200 & 80 \\\text { Cash Purchases } & 180 & 160 & 130 & 40 & 50 & 60 \\\text { Wages and Salaries } & 40 & 40 & 50 & 40 & 40 & 45 \\\text { Rent } & & & 80 & & &\\\text { Rates } & & & & & & 60 \\\text { Other Expenses } & 25 & 25 & 25 & 25 & 25 & 25\\\text { Refurbishing Shops }&&&&&&{80} \\&245 & 225 & 285 & 185 & 115 & 190\\\end{array}$
-Refer to the table above. The projected cash balance at the end of October is:

• A)($245,000).
• B)$6,000.
• C)($5,000).
• D)($95,000).

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Definitions:

Symbolic Logic

A branch of logic that uses symbols and operators to express logical expressions and relationships.

Truth Table

A mathematical table used in logic to compute the output of a particular logical operation or statement for all possible input combinations.

Inconsistent

Lacking compatibility or uniformity in action, behavior, or results.

Logic of Statements

The study of principles and methods for distinguishing good reasoning from bad reasoning through the analysis of statements.