Find the cash budget for december

Assignment Help Other Subject

Reference no: EM1375570

Deschambault Inc. is working on its cash budget for December. The budgeted starting cash balance is $14,000. Budgeted cash receipts total $127,000 and budgeted cash disbursements total $126,000. The desired ending cash balance is $40,000. To attain its desired ending cash balance for December, the company requires to borrow:
A) $25,000
B) $0
C) $55,000
D) $40,000

Reference no: EM1375570

Questions Cloud

Poor investments silas was on the verge of bankruptcy : Silas a wealthy man gave his friend Abraham an appreciated stamp collection. Later as a result of poor investments Silas was on the verge of bankruptcy

Price a former tenant and read pay : An envelope containing a $50 rebate check was placed in Sam's mailbox by mistake. It was addressed to Price a former tenant and read Pay

Utilizing tim''s coffee shoppe scenario : Utilizing Tim's Coffee Shoppe scenario. This business simulation will be referenced through this course. You will work on numerous aspects of your assignments using this scenario

Find what would be the total combined direct labor cost : Find what would be the total combined direct labor cost for two months - Veltri Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.77 direct labor-hours.

Find the cash budget for december : To attain its desired ending cash balance for December, the company requires to borrow:

Deliberate how the project contributes to earnings : Deliberate how the project contributes to earnings as well as what that could mean for contribution to return on equity. Finally come to an agreement on a recommendation with rationale regarding the project

Evaluate what is the amount of the overstatement : Evaluate what is the amount of the overstatement or understatement of Retained Earnings at 31st December, 2014?

Research at least three competitor''s product : Research at least three competitor's product as well as service offerings detail their relative strength and weaknesses vs. CanGo.

Effect on net fixed costs : The cost of selling and producing and The special order would have no effect on total fixed costs.

User Account

All Pages