Supermarket Deluxe in Omaha will have cash receipts of $35,000 in April and cash disbursements of $30,000 for this month. If its beginning cash is $5,000 and its reserves are $2,000, what will its excess be for April?
A) There is no excess but a shortfall.
B) $5,000
C) $7,000
D) $8,000
Correct Answer:
Verified
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