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en AD Help Save & Eat Webster Corporation is preparing its cash budget for April. The March 31 cash balance is $36,300 Cash receipts are

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en AD Help Save & Eat Webster Corporation is preparing its cash budget for April. The March 31 cash balance is $36,300 Cash receipts are expected to be $640.000 and cash payments for purchases are expected to be 5607500. Other cash expenses expected are $26,900 selling and $33,400 general and administrative. The company desites a minimum cash balance at the end of each month of $29.000 If necessary, the company borrows enough cash to meet the minimum using a short-term note. Webster's preliminary cash balance before loan activity for April is expected to be Multiple Choice $5.500 520.500 529.000 $27800 568.800 Prny 7 of 25 11: Next >

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