Chatelain Company Is Preparing Its Budget for the Third Quarter

question 83

Multiple Choice

Chatelain Company is preparing its budget for the third quarter.The cash balance on June 30 was $32,000.Additional budgeted data are provided here:

What amount should be shown in the cash budget for the cash balance at the end of July?

• A)$19,000
• B)$35,000
• C)$105,000
• D)$86,000

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Definitions:

CPAP Machine

Continuous Positive Airway Pressure; a medical device that uses mild air pressure to keep the airways open in individuals who have breathing problems, such as sleep apnea.

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Respiratory Complications

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The physical, mental, and behavioral changes that follow a 24-hour cycle, responding primarily to light and darkness in an organism's environment.