Multiple Choice
A company has a beginning cash balance of $1000. For the year, the company estimates cash payments of $81,900. It has a desired ending cash balance of $5200 and anticipates no new financing. The estimated cash receipts are:
A) $75,700.
B) $82,900.
C) $80,900.
D) $86,100.
Correct Answer:
Verified
Correct Answer:
Verified
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