Acct 2302

14. Rogers Corporation is preparing its cash budget for July. The budgeted beginning cash balance is $25,000. Budgeted cash receipts total $141,000 and budgeted cash disbursements total $139,000 The desired ending cash balance is $30,000, To attain its desired ending cash balance for July, the company should borrow: A. $30,000 ?.so C. $3,000 D. $57,000 15. Garcia Veterinary Clinic expects the following operating results next year Sales (total) Variable expenses (total) Fixed expenses (total) $600,000 $120,000 $300,000 What is Garcia's break-even point next year in sales dollars? A. $240,000 B. $375,000 C. $400,000 D. $420,000 16. Data concerming Cutshall Enterprises Corporation's single product appear below: Selling price per unit Variable expense per unit Fixed expense per month $190.00 $91.20 $424,840 The unit sales to attain the company's monthly target profit of $16,000 is closest to: A. 3,872 B. 2,320 C. 4,834 D. 4,462