Wriston Company is preparing its cash budget for the upcoming month. The beginning cash balance for the month is expected to be $12,000. Budgeted cash disbursements are $70,500, while budgeted cash receipts are $86,100. Wriston Company wants to have an ending cash balance of $40,000. The excess (deficiency) of cash available over disbursements for the month would be a. $27,600. b. $168,600. c. $(27,600) d. $110,500. 2. The Top Hat Division of Blandon's Fine Menswear had the following results last year (in thousands). Sales $ 4,500,000 Operating income $ 675,000 Total assets $ 3,000,000 Current liabilities $ 250,000 Management's target rate of return is 12% and the weighted average cost of capital is 9%. What is the Top Hat Division's Residual Income (RI)? a. $ 135,000 b. $ 405,000 c. $ 225,000 d. $ 315,000