yuston 120 The following information was taken from Bonita Industries's cash budget for the month of July: Beginning cash balance $540000 Cash receipts 344000 Cash disbursements 574000 If the company has a policy of maintaining a minimum end of the month cash balance of $480000, the amount the company would have to borrow is $310000 $136000 $170000 Multiple Choice Question 120 Concord Corporation recorded operating data for its shoe division for the year. The company's desired return is 5%. Sales Contribution margin Total direct fixed costs Average total operating assets $800000 160000 120000 320000 Which one of the following reflects the controllable margin for the year? $40000 $60000 20% 50%