Answer the Following Question(s) Using the Information Below

question 84

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) $25,000
• C) $48,200
• D) $44,200
• E) $45,800

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Definitions:

Developmental Disabilities

A group of conditions due to an impairment in physical, learning, language, or behavior areas, beginning during the developmental period.

Common Physical Stimuli

This term describes environmental or sensory inputs that are frequently encountered and can affect behavior, such as light, sound, and temperature.

Indiscriminable Contingencies

These are situations where individuals cannot predict when their behavior will be reinforced, often leading to more consistent behavior.

Peer Group

A social group of individuals, often of a similar age, background, or social status, that influences an individual's attitudes and behavior.