Business, 15.04.2020 00:57 Paigex3

Pixi Boutique will have cash receipts of $57,000 in December and cash disbursements of $51,000 for this month. If its beginning cash is $12,000 and its desired reserve is $9,000, what will its excess be for December?

A. There is no excess but a shortfall.
B. $6,000
C. $9,000
D. $18,000

Answers: 1

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Pixi Boutique will have cash receipts of $57,000 in December and cash disbursements of $51,000 for t...

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