A cash budget by quarters for the Carney Company is given below (note that some data are missing). Missing data amounts have been keyed with either question marks or lowercase letters (a, b, c, etc.); these lowercase letters will be referred to in the questions that follow. (It may be necessary to calculate a value for items where a question mark appears.) A zero amount is designated by a dash (-). The company requires a minimum cash balance of at least $10,000 to start a quarter. All data are in thousands of dollars.

Carney Corporation
Cash Budget

-What are the collections from customers during the first quarter (item a),in thousands of dollars?
A) $43.
B) $67.
C) $60.
D) $73.

Question

A cash budget by quarters for the Carney Company is given below (note that some data are missing) . Missing data amounts have been keyed with either question marks or lowercase letters (a, b, c, etc.) ; these lowercase letters will be referred to in the questions that follow. (It may be necessary to calculate a value for items where a question mark appears.) A zero amount is designated by a dash (-) . The company requires a minimum cash balance of at least $10,000 to start a quarter. All data are in thousands of dollars.

Carney Corporation
Cash Budget

-What are the collections from customers during the first quarter (item a) ,in thousands of dollars?

Carney Corporation
Cash Budget

-What are the collections from customers during the first quarter (item a),in thousands of dollars?
A) $43. 
B) $67. 
C) $60. 
D) $73.

Quizplus · Accepted Answer

Without specific data or context provided in the question, it's impossible to accurately determine the correct answer. Collections from customers would typically be found in a company's financial statements or reports, specifically within the cash flow statement under cash received from customers.

A Cash Budget by Quarters for the Carney Company Is