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5 - 1 0 Points A . Middle East Company has a cash balance of $ 1 1 , 2 5 0 on April

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5-"10 Points"
A. Middle East Company has a cash balance of $11,250 on April 1. The company must maintain a minimum cash balance of $9,000. During April, cash receipts of $72,000 are planned. Cash disbursements during the month are expected to total $78,000. Ignoring interest payments, during April the company will need to borrow:
"4 points"
B. Alpha Company reported the following data for its most recent year: sales, $500,000; variable costs, $300,000; and fixed costs, $150,000.
The company's degree of operating leverage is:
"3 points"
C. Home Company bases its budget on the following data:
\table[[Sales,3,600],[units Selling price,$50 per unit],[Variable cost,$15 per unit],[Fixed costs,$40,530
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