Answer:
The company needs to borrow $25000 and option B is the correct answer.
Explanation:
If the ending amount of cash for the year is less than the desired ending balance, then the company will need to borrow to maintain the desired level of cash balance.
To calculate the amount needed to be borrowed, we first compute the ending cash balance for December. The ending cash balance will be,
Closing Balance = Opening Balance + Receipts - Payments
Closing Balance - December = 14000 + 127000 - 126000
Closing Balance - December = $15000
The difference between the closing cash balance and the desired closing cash balance is the amount that the firm will need to borrow.
Amount need to be borrowed = 40000 - 15000 = $25000
7. True
8. False
9. False
Must click thanks and mark brainliest
Sorry if wrong.
In United Kingdom, we assume that there are 22.36 million home and approximately £2,938 million money in total do UK households pay for their electricity per year, we use 365 days in a year. The answer in this question is £2,938 million is the money in total do UK households pay for their electricity per year.
Since Martha wants to share her daily thoughts and knowledge, while also letting other people have the chance to comment or ask questions to her about what she wrote, she should consider making a (E) blog.
A blog is <em>a form of online journal that is presented in chronological order.</em> The other options are unsuitable because it might be consider spamming if she posts only about her personal life (message board, wiki), and are not available to a wide circle of readers (email, chat).
