Answer:
$6,900
Explanation:
The amount of cash the company will need to borrow is dependent on the closing balance and the minimum cash balance the company must maintain.
The closing cash balance is the sum of the opening balance and the net movement in cash during the month. The net movement in cash is the difference between the cash receipts and the cash payments.
Closing cash balance = $14,100 + $59,000 - $68,500
= $4600
Amount to be borrowed = $11,500 - $4,600
= $6,900
Impact; Business Needs
When selecting a solution, the impact, cost, and timeliness of the improvement must be balanced against the business needs.
<h3>What is balanced scorecard?</h3>
A strategic management performance indicator known as the balanced scorecard (BSC) is used to identify and enhance various internal business activities and the results they have on the outside world. Balanced scorecards are a widespread tool used by businesses in the United States, the United Kingdom, Japan, and Europe to measure and provide feedback to organizations. In order to provide quantitative results, data collecting is essential because managers and executives must acquire and analyze the data. The decision-making of company personnel for the future of their organizations can be improved with the help of this knowledge.
Learn more about balanced scorecard here:
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Answer: the answer to your question is D) oligopoly
Explanation: