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Varughese Inc

Question 148

Multiple Choice

Varughese Inc. is working on its cash budget for March. The budgeted beginning cash balance is $33,000. Budgeted cash receipts total $182,000 and budgeted cash disbursements total $191,000. The desired ending cash balance is $40,000.
-The budgeted cash receipts for December are:


A) $412,500
B) $137,500
C) $585,000
D) $550,000

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