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Tadeo Corp. has provided a part of its budget for the second quarter: Apr $40,000 May $45,000 Jun $42,000 Cash collections Cash payments: Purchases of
Tadeo Corp. has provided a part of its budget for the second quarter: Apr $40,000 May $45,000 Jun $42,000 Cash collections Cash payments: Purchases of direct materials Operating expenses Capital expenditures 6,000 6,000 20,000 6,000 7,900 0 5,000 4,500 The cash balance on April 1 is $12,000. Assume that there will be no financing transactions or costs during the quarter. Calculate the projected cash balance at the end of May. O A. $51,100 OB. $65,000 OC. $52,000 O D. $13,900
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