QUESTION 1 1. Blake Company has $18,000 cash at the beginning of June and anticipates $55,400 in cash receipts and $37,500 in cash disbursements. The company requires a minimum cash balance of $23,000. Any excess cash over the minimum desired balance is used to pay down debts. Blake has an agreement with its bank to borrow as needed or to repay loans as funds become available. As of May 31, the company owes $18,000 to the bank. The balance of the loan on June 30 will be: $18,000 $23.100 $30,900 $10,100 $5,100. QUESTION 19 Which one of the following is not a way to deal with uncertainty in the budgeting process? What if analysis Monte Carlo Simulation (MCS). Sensitivity analysis Scenario analysis. Linear programming 3.34 points Linear programming. 3.34 points QUESTION 20 1. Capital One produces a single product, which it sells for $8.00 per unit. Variable costs per unit equal $3.20. The company expects short-term fixed costs to be $7,200 for the coming month, at the projected sales level of 20,000 units. Management is considering several alternative actions designed to improve operating results. In conjunction with this, they have created a profit-planning (that is, a CVP) model, which can be used to evaluate different scenarios. Suppose that Capital One's management believes that a $1,600 increase in the monthly promotion costs will provide a boost to sales. By how many units must sales increase during the month to justify the contemplated expenditure? Round answer up to the nearest whole number None of these answer choices are correct. C 200 units 400 units. 668 units C334 units