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Brockman Company Is Preparing Its Cash Budget for the Upcoming

Question 124

Multiple Choice

Brockman Company is preparing its cash budget for the upcoming month.The budgeted beginning cash balance is expected to be $35,000.Budgeted cash disbursements are $123,000,while budgeted cash receipts are $130,000.Brockman Company wants to have an ending cash balance of $48,000.How much would Brockman Company need to borrow to achieve its desired ending cash balance?


A) $6,000
B) $90,000
C) $42,000
D) $55,000

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