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6. Sales mix is A) the mix of variable and fixed expenses in relation to sales. B) the relative percentage in which a company sells

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6. Sales mix is A) the mix of variable and fixed expenses in relation to sales. B) the relative percentage in which a company sells its multiple products. C) a measure of leverage used by the company. D) the trend of sales over recent periods. 7. On January 1, Kale Company has a beginning cash balance of $42,000. During the year, the company expects cash disbursements of $340,000 and cash receipts of $290,000. If Kale requires an ending cash balance of $40,000, the company must borrow A) $92,000. B) $48,000. $32,000. D) $40,000

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