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Upton Products Inc

Question 19

Multiple Choice

Upton Products Inc. would like to prepare a summary cash budget for the first quarter of 2013. The following information regarding operating activities from the cash receipts and cash disbursements budgets are available: Upton Products Inc. would like to prepare a summary cash budget for the first quarter of 2013. The following information regarding operating activities from the cash receipts and cash disbursements budgets are available: The following information is also available: What is the cash balance at the end of March expected to be? A) $(1,000) B) $ 0 C) $ 1,000 D) $ 2,000 The following information is also available:
Upton Products Inc. would like to prepare a summary cash budget for the first quarter of 2013. The following information regarding operating activities from the cash receipts and cash disbursements budgets are available: The following information is also available: What is the cash balance at the end of March expected to be? A) $(1,000) B) $ 0 C) $ 1,000 D) $ 2,000 What is the cash balance at the end of March expected to be?


A) $(1,000)
B) $ 0
C) $ 1,000
D) $ 2,000

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