Diemans Corp.has provided a part of its budget for the second quarter:

The cash balance on April 1 is $14,000.Assume that there will be no financing transactions or costs during the quarter.Calculate the projected cash balance at the end of April.
A)$67,900
B)$54,000
C)$21,000
D)$41,000

Question

Diemans Corp.has provided a part of its budget for the second quarter:

The cash balance on April 1 is $14,000.Assume that there will be no financing transactions or costs during the quarter.Calculate the projected cash balance at the end of April.
A)$67,900 
B)$54,000 
C)$21,000 
D)$41,000

Quizplus · Accepted Answer

C)
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