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Diemans Corp

Question 37

Multiple Choice

Diemans Corp. has provided a part of its budget for the 2nd quarter: Diemans Corp. has provided a part of its budget for the 2<sup>nd</sup> quarter: The cash balance on April 1 is $12,000. Assume that there will be no financing transactions or costs during the quarter. Calculate the cash balance at the end of April. A) $50,000 B) $40,200 C) $39,600 D) $51,800 The cash balance on April 1 is $12,000. Assume that there will be no financing transactions or costs during the quarter. Calculate the cash balance at the end of April.


A) $50,000
B) $40,200
C) $39,600
D) $51,800

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