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QUESTION 31 Which of the below is a SOURCE of cash? O a Sale of...

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QUESTION 31 Which of the below is a SOURCE of cash? O a Sale of inventory O b. Retirement of debt (paying off loans and bonds) O Dividend payment Od. Purchase of equipment or other assets of the company QUESTION 32 For May, Dead Body Hotel will have cash receipts of $380,000 and cash disbursements of $360,000. If its beginning cash is $5,000 and its reserves (minimum balance) are $5,000, what will be its shortfall in cash for the month? O a. There is no shortfall in cash but an excess of cash. b. S-12.000 O CS-24.000 d. S-30.000 QUESTION 33 Which of the below is a USE of cash? a. Selling of inventory b. Dividend payment to shareholders o Bank loans Od. Selling outdated equipment QUESTION 34 We start the process of building a cash budget with predicting the cash inflow from future sales. This is called a. a sales forecast. Ob a credit forecast. Oo a monetary forecast. d. a revenuer forecast. QUESTION 35 Based on the sales forecast, the finance manager estimates the receipt of cash based on cash sales and O a credit sales O b.inventory sales. Oc accounts payable. O d. net income

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