Use the Information Below to Answer the Following Question(s)

question 180

Multiple Choice

Use the information below to answer the following question(s) .
The following information pertains to Tiffany Company:

Cash is collected from customers in the following manner:
- Month of sale 30%
- Month following the sale 70%
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) $34,200
• B) $48,200
• C) $44,200
• D) $45,800

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Definitions:

Orgasm

The climax of sexual stimulation, characterized by intense pleasure and followed by the release of sexual tensions.

Sexual Activity

Behaviors involving the sexual organs that people engage in for pleasure, reproduction, and/or to maintain social bonds.

Antiretroviral Drugs

Medications used to treat HIV, capable of suppressing the virus and preventing the progression of the disease.

HIV

Human Immunodeficiency Virus, a virus that attacks the immune system, potentially leading to AIDS (Acquired Immunodeficiency Syndrome) if not treated.