O'Reilly,Inc

question 38

Multiple Choice

O'Reilly,Inc.has prepared its third quarter budget and provided the following data:

The cash balance on June 30 is projected to be $4,200.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 4%.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 amount of principal repayment at the end of September.

• A)$5,000
• B)$10,000
• C)$15,000
• D)$20,000

---

Definitions:

Public Health Nursing

A specialty practice within nursing that focuses on the protection and promotion of the health of populations, rather than individual patients, through community assessment and interventions.

Home Health Nursing

A field of nursing care that is provided to patients in their homes, focusing on their recovery, independence, and chronic condition management.

The Home Setting

Refers to the environment of an individual's residence, where personal, family, or household life occurs, often considered in contexts like healthcare delivery or lifestyle studies.

Central Venous Access Device

A medical device inserted into a large vein, typically in the neck, chest, or arm, used to administer medication, fluids, blood products, or nutrition, and to obtain blood tests.