15) 16) 17) 18) thank you!! will give thumbs up

15. A company that pays cash for a used vehicle has the following affect: A. No change on the working capital ratio B. Decrease in working capital C. Increase in working capital D. No change in working capital 16. PKRK Corporation has budgeted cost of raw materials purchases in Feb to be $100,000, Mar will be $140,0000 and April will be $150,000. They pay for 20% of its raw materials purchases in the month of purchase, 20% in the following month and the remainder the next month. The company's accounts payable at the end of April is expected to be A. $118,000 B. $264,000 C. $204,000 D. $90,000 17. When preparing a production budget, the required production equals: A. Budgeted sales plus beginning inventory plus desired inventory B. Budgeted sales minus beginning inventory plus desired inventory C. Budgeted sales minus beginning inventory minus desired inventory D. Budgeted sales plus beginning inventory minus desired inventory 18. Bustillo Inc. is working on its cash budget for March. The budgeted beginning cash balance is $35,000. Budgeted cash receipts total $142,000 and budgeted cash disbursements total $151,000. The desired ending cash balance is $30,000. To attain its desired ending cash balance for March, the company needs to borrow: A. SO B. $4,000 C. $56,000 D. $30,000