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only answers QUESTION 1 12 Volt Corporation has a cash balance of $21,000 on May 1. The company must maintain a minimum cash balance of

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QUESTION 1 12 Volt Corporation has a cash balance of $21,000 on May 1. The company must maintain a minimum cash balance of $17,000. During May, expected cash receipts are $103,000. Cash disbursements during the month are expected to total $117,000. Ignoring interest payments, during May the company will need to borrow: A. $10,000 OB. $7,000 C. $4,000 D. $14,000 QUESTION 2 12. Bagels Incorporated plans to sell 17,500 units of product B during April and 25,000 units during May. Sales of product B during March were 14,000 units. Past experience has shown that end-of month inventory should be equal to 30% of the next month's sales. On March 31, this requirement was met. Based on these data, how many units of Product B must be produced during the month of April? 15,250 19,750 25,000 17,500

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