Varughese Inc. is working on its cash budget for March. The budgeted beginning cash balance is $33,000. Budgeted cash receipts total $182,000 and budgeted cash disbursements total $191,000. The desired ending cash balance is $40,000.
-The budgeted cash disbursements for December are:
A) $382,500
B) $442,500
C) $472,500
D) $477,500
Correct Answer:
Verified
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