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

question 16

Multiple Choice

Tortilla Corp.has provided a part of its budget for the second quarter: $$\begin{array} { | l | r | r | r | } \hline & \text { Apr } & \text { May } & \text { Jun } \\\hline \text { Cash collections } & \$ 40,000 & \$ 40,000 & \$ 42,000 \\\hline \text { Cash payments: } & & & \\\hline \text { Purchases of direct materials } & 7,200 & 7,000 & 4,500 \\\hline \text { Operating expenses } & 7,000 & 7,000 & \\\hline \text { Capital expenditures } & 10,000 & 4,000 & 20,000 \\\hline\end{array}$$ 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 May.

• A) $51,800
• B) $69,800
• C) $54,000
• D) $18,000

---

Definitions:

Collaboration

The action of working with someone to produce or create something, especially in a learning or professional context.

Cooperative

An entity or organization owned and operated for the mutual benefit of its members, sharing profits or benefits among participants.

Assertiveness

A communication style in which individuals express their thoughts and feelings in a direct, honest, and respectful way.

Conflict Management

The approach of pinpointing and addressing clashes in a logical, just, and proficient style.