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A3+ Has Prepared Its 3rd Quarter Budget and Provided the Following

question 14

Multiple Choice

A3+ has prepared its 3rd quarter budget and provided the following data: $\begin{array}{|l|r|r|r|} \hline&{\text { Jul }} &{\text { Aug }} &{\text { Sep }} \\\hline \text { Cash collections } & \$ 50,000 & \$ 40,000 & \$ 48,000 \\\hline \text { Cash payments: } & & & \\\hline \text { Purchases of inventory } & 31,000 & 22,000 & 18,000 \\\hline \text { Operating expenses } & 12,000 & 9,000 & 11,600 \\\hline \text { Capital expenditures } & 13,000 & 25,000 & 0\\\hline\end{array}$ The cash balance on June 30 is projected to be $4,000. The company has to maintain a minimum cash balance of $5,000 and is authorized to borrow at the end of each month to make up any shortfalls. It may borrow in increments of $5,000 and has to pay interest every month at an annual rate of 5%. All financing transactions are assumed to take place at the end of the month. The loan balance should be repaid in increments of $5,000 whenever there is surplus cash.
- Calculate the final projected cash balance at the end of September.

Investigate the role of technology and modern concerns, such as cyberattacks, in contemporary understandings of deviance.

Analyze how social movements impact societal perceptions and definitions of deviance.

Understand the trend in crime rates since the 1990s and factors influencing these trends.

Recognize the limitations and biases in official crime reports and statistics.

Definitions:

Total Profit

The overall financial gain made by a business after subtracting all costs and expenses from the total revenue.

Marginal Profit

The additional profit earned by producing and selling one additional unit of a good or service.

Marginal Product

The additional output that is produced by adding one more unit of a specific input, holding all other inputs constant.

Variable Input

An input whose quantity can be changed in the short term to adjust production levels, such as labor or raw materials.