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Ogden Corporation has a projected balance sheet that includes the following accounts. Cash $ ? Marketable securities 405,000 Accounts receivable 980,000 Inventory 785,000 Non-current assets,
Ogden Corporation has a projected balance sheet that includes the following accounts. Cash $ ? Marketable securities 405,000 Accounts receivable 980,000 Inventory 785,000 Non-current assets, net 2,110,000 Total liabilities 1,636,000 Total equity 3,220,000 What is the projected cash balance? Select one: A. $-0- B. $487,000 C. $560,000 D. $576,000 E. None of the above
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