Use the information below to answer the following questions.
Crystal Computers owns a chain of seven shops selling computer goods. In the past the company maintained a healthy cash balance. However, this has fallen in recent months, and at the end of September 2018 it had an overdraft of $100,000. In view of this, its managing director has asked you to prepare a cash forecast for the next six months. You have collected the following information:
-Refer to the table above. The projected cash balance at the end of November is:
A) ($25,000) .
B) ($120,000) .
C) $25,000.
D) ($100,000) .
Correct Answer:
Verified
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