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The Following Information Was Taken from Niland Company Cash Budget

Question 7

Multiple Choice

The following information was taken from Niland Company cash budget for the month of April The following information was taken from Niland Company cash budget for the month of April If the company has a policy of maintaining end of the month cash balance of $75,000, the amount the company would have to borrow is A) $87,000. B) $21,000. C) $6,000. D) $0. If the company has a policy of maintaining end of the month cash balance of $75,000, the amount the company would have to borrow is


A) $87,000.
B) $21,000.
C) $6,000.
D) $0.

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