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what is the expected cash budget amount for the month of December given the following information: Ending cash balance on November 30, $172,000 Cash repayment
what is the expected cash budget amount for the month of December given the following information:
Ending cash balance on November 30, $172,000
Cash repayment of loan, $30,000
Other budgeted cash expenses $75,000
Cash receipts from sales, $50,000
Depreciation of building and other equipment, $87,000
Budgeted cash disbursements for purchases and salaries, $180,000 and $100,000 respectively
a. $187,000
b. $200,000
c. $287,000
d. $300,000
e. unable to determine, need additional information
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