Tadeo Corp, has provided a part of its budget for the second quarter. Apr Jun $43,000 $42,000 Cash collections Cash payments: Purchases of direct materials May $40,000 7,000 7,200 5,000 7,000 Operating expenses 7,000 7,200 20,000 4,000 Capital expenditures 20,000 The cash balance on April 1 is $12.000. Assume that there will be no financing transactions or costs during the quarter. Calculate the projected cash balance at the end of May. OA. $61,000 OB. $42,800 OC. $18,200 OD. $55,000 m
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Subject: acounting
![Tadeo Corp. has provided a part of its budget for the second quarter.
Jun
Apr
$43,000
$42,000
May
$40,000
Cash collections
Cash payments:
Purchases of direct materials
7,000
7,200
Operating expenses
7,000
7,000
Capital expenditures
20,000
4,000
The cash balance on April 1 is $12,000. Assume that there will be no financing transactions or costs during the quarter. Calculate the projected cash balance at the end of May.
A. $61,000
8. $42,800
OC. $18,200
OD. $55,000
5,000
7,200
20,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F472621be-5969-4a54-b52e-f83201e6e65c%2Fc881f1c1-e7f1-4670-8a07-f867e973a612%2F0ldh8ts_processed.jpeg&w=3840&q=75)
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