Ue the informatine for the company below to answer the questions that flew. A company in...

 

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Ue the informatine for the company below to answer the questions that flew. A company in preparing is cash budget. In cah balance on January 1 is $290,000, and it ha a minimum cash requicement of 5345,000. The fodewing data have bens peovidel Cash receipts Cash payments January $1,061 200 964.500 Eebruary $1,182.400 1210.000 March $1.091,700 1.075.000 What is the amount of cash encen or deficieney (after considering the minimum cauh balance reguired) for March? Oa ecess of S15,800 Obace of $214,200 Oc deficiency ofs60.000 Od.exces of S10,000 Ue the informatine for the company below to answer the questions that flew. A company in preparing is cash budget. In cah balance on January 1 is $290,000, and it ha a minimum cash requicement of 5345,000. The fodewing data have bens peovidel Cash receipts Cash payments January $1,061 200 964.500 Eebruary $1,182.400 1210.000 March $1.091,700 1.075.000 What is the amount of cash encen or deficieney (after considering the minimum cauh balance reguired) for March? Oa ecess of S15,800 Obace of $214,200 Oc deficiency ofs60.000 Od.exces of S10,000

Answer rating: 100% (QA)

OptionA Excess of 15800 is the correct answer Workings En... View the full answer