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Arisa [49]
3 years ago
11

Wriston Company is preparing its cash budget for the upcoming month. The beginning cash balance for the month is expected to be

$15,000. Budgeted cash disbursements are $72,500, while budgeted cash receipts are $89,600. Wriston Company wants to have an ending cash balance of $30,000. The excess (deficiency) of cash available over disbursements for the month would be
Business
1 answer:
ch4aika [34]3 years ago
7 0

Answer:

$2,100

Explanation:

Cash Available = Opening Balance + Receipts - Disbursements - Desired Balance

                          = $15,000 +$89,600  - $72,500 - $30,000

                          = $2,100

Therefore,

The excess  of cash available over disbursements for the month would be  $2,100

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Afina-wow [57]

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3 years ago
Holly and matt want to use the "nonworking" spouse method to determine the amount of life insurance coverage they need. if their
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The best answer for this question would be:

 

$150,000

 

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3 years ago
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3 years ago
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3 0
3 years ago
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