Diemans Corp The Cash Balance on April 1 Is $12,000

question 26

Multiple Choice

Diemans Corp .has provided a part of its budget for the 2^nd quarter: $\begin{array}{|l|r|r|r|} \hline& {\text { Apr }} &{\text { May }} &{\text { June }} \\\hline \text { Cash collections } & \$ 40,000 & \$ 45,000 & \$ 52,000 \\\hline \text { Cash payments: } & & & \\\hline \text { Purchases of inventory } & 4,500 & 7,200 & 4,500 \\\hline \text { Operating expenses } & 7,900 & 5,600 & 9,000 \\\hline \text { Capital expenditures } & 0 & 20,000 & 4,600 \\\hline\end{array}$ The cash balance on April 1 is $12,000. Assume that there will be no financing transactions or costs during the quarter. Calculate the cash balance at the end of June.

• A) $26,500
• B) $40,800
• C) $85,700
• D) $21,800

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Definitions:

Mirror Neurons

Neurons that fire both when an individual acts and when the individual observes the same action performed by another, hence, mirroring the behavior of the other.

Interneurons

Neurons that transmit impulses between other neurons, especially as part of a reflex arc or as part of the neural pathways in the brain and spinal cord.

Afferent Neurons

Nerve cells that carry sensory information from the body's periphery towards the central nervous system.

Efferent Neurons

Nerve cells that conduct impulses away from the central nervous system to muscles or glands, facilitating action and response.