Multiple Choice
Assuming a beginning cash balance of $2,000, estimated cash receipts of $105,900, and a expected ending cash balance of $2,500, then:
A) the estimated cash payments are $105,400
B) the estimated cash payments are $106,400
C) the estimated cash payments are $107,900
D) the estimated cash payments are $108,400
Correct Answer:
Verified
Correct Answer:
Verified
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