Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. on january 1, marigold corp. has a beginning cash

On January 1, Marigold Corp. has a beginning cash balance of $151000. During the year,...

60.1K

Verified Solution

Question

Accounting

image

On January 1, Marigold Corp. has a beginning cash balance of $151000. During the year, the company expects cash disbursements of $1095000 and cash receipts of $920000. If Marigold requires an ending cash balance of $180000, Marigold Corp. must borrow $180000.$156000.$326000.$204000

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

A study is conducted for students taking a statistics class.  Several variables are recorded in the survey.  The 300...

Statistics
Q

A study of arrival times for a number of international flights. The times were randomly recorded...

Statistics
Q

What would be the best microscope to view living single-celled organisms in a sample of...

Biology
Q

a A conductor A with a cavity as shown in Fig 1 36 a is...

Physics
Q

A mass of 0 5 kg is attached to the end of a spring To...

Physics
Q

A doctor prescribes 250 mg of a drug The amount of the drug in the...

Basic Math
Q

On the balance sheet, the lease liability is measured as ________ A-the present value of...

Accounting
Q

Lewis Company reports the following fixed budget and actual results for May. Prepare a flexible...

Accounting
Q

3. Commissions from vending machines would be reported by a hotel on its summary income...

Accounting
Q

Riverbed Corp. uses a perpetual inventory system. The company had the following inventory transactions in...

Accounting
Q

i need the answer quickly 5 An increase in the discount-4 rate will...

Accounting
Q

Leyton Lumber Company has sales of $11 million per year, all on credit terms calling...

Finance