Burns Corp The Cash Balance on April 1 Is $14,000

question 7

Multiple Choice

Burns Corp.has provided a part of its budget for the second quarter: $$\begin{array} { | l | r | r | r | } \hline& \text { Apr } & \text { May } & \text { Jun } \\\hline \text { Cash collections } & \$ 42,000 & \$ 43,000 & \$ 45,000 \\\hline \text { Cash payments: } & & & \\\hline \text { Purchases of direct materials } & 4,500 & 7,000 & 4,500 \\\hline \text { Operating expenses } & 6,000 & 7,000 & 4,500 \\\hline \text { Capital expenditures } & 20,000 & 20,000 & 10,000 \\\hline\end{array}$$
The cash balance on April 1 is $14,000.Assume that there will be no financing transactions or costs during the quarter.Calculate the projected cash balance at the end of June.

• A) $79,500
• B) $25,500
• C) $60,500
• D) $34,500

---

Definitions:

Sexual Harassment

Unwanted or inappropriate sexual remarks or physical advances, typically in a workplace or other professional or social situation.

Math-enriched Experiences

Activities or exposures designed to enhance one's understanding, appreciation, and skills in mathematics, typically outside of traditional classroom settings.

Confounding

In research and statistics, describes a situation where the effect of the independent variable on the dependent variable is mixed with the effect of another variable, complicating the analysis and interpretation of results.

Experimental Effects

The changes or outcomes observed in an experimental setting, attributable to the manipulation of independent variables.