(Topic 5) A company has a beginning cash balance of $50,000. Its weekly cash flow forecast shows the following information for the next three weeks. Which of the following statements is true?

Question

Options

• AWeek 3 ending cash balance is the highest of the three weeks.
• BWeek 2 ending cash balance is the highest of the three weeks.
• CWeek 1 ending cash balance is the highest of the three weeks.
• DThe cash balance at the beginning of the three weeks is the highest of the three weeks.

• A
  5% (1)
• B
  68% (15)
• C
  9% (2)
• D
  18% (4)

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