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Answer the Following Question(s)using the Information Below

Question 87

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Answer the following question(s) using the information below.The following information pertains to Tiffany Company:
Answer the following question(s) using the information below.The following information pertains to Tiffany Company:    Cash is collected from customers in the following manner:    40% of purchases are paid for in cash in the month of purchase, and the balance is paid the following month.Labour costs are 20% of sales.Other operating costs are $15,000 per month (including $4,000 of depreciation) .Both of these are paid in the month incurred.The cash balance on March 1 is $4,000.A minimum cash balance of $3,000 is required at the end of the month.Money can be borrowed in multiples of $1,000. -How much cash will be disbursed in total in March? A) $21,000 B) $34,200 C) $48,200 D) $44,200 E) $45,800 Cash is collected from customers in the following manner:
Answer the following question(s) using the information below.The following information pertains to Tiffany Company:    Cash is collected from customers in the following manner:    40% of purchases are paid for in cash in the month of purchase, and the balance is paid the following month.Labour costs are 20% of sales.Other operating costs are $15,000 per month (including $4,000 of depreciation) .Both of these are paid in the month incurred.The cash balance on March 1 is $4,000.A minimum cash balance of $3,000 is required at the end of the month.Money can be borrowed in multiples of $1,000. -How much cash will be disbursed in total in March? A) $21,000 B) $34,200 C) $48,200 D) $44,200 E) $45,800 40% of purchases are paid for in cash in the month of purchase, and the balance is paid the following month.Labour costs are 20% of sales.Other operating costs are $15,000 per month (including $4,000 of depreciation) .Both of these are paid in the month incurred.The cash balance on March 1 is $4,000.A minimum cash balance of $3,000 is required at the end of the month.Money can be borrowed in multiples of $1,000.
-How much cash will be disbursed in total in March?


A) $21,000
B) $34,200
C) $48,200
D) $44,200
E) $45,800

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