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Doral Corp

Question 86

Multiple Choice

Doral Corp.has provided a part of its budget for the third quarter: Doral Corp.has provided a part of its budget for the third quarter: The cash balance on July 1 is $12,000.Assume that there will be no financing transactions or costs during the quarter.What is the cash balance at the end of August? A) $52,000. B) $64,600. C) $49,600. D) $51,800. E) None of the answers is correct. The cash balance on July 1 is $12,000.Assume that there will be no financing transactions or costs during the quarter.What is the cash balance at the end of August?


A) $52,000.
B) $64,600.
C) $49,600.
D) $51,800.
E) None of the answers is correct.

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