If the following projections have been made, what is the projected ending cash balance? Cash sales, $380,000
Beginning cash balance, $30,000
Operating expenses of $420,000, including depreciation of $20,000
Interest expense of $12,000 is included in operating expenses
Borrowing $50,000
End-of-period accrued liabilities of $20,000 for operating expenses
a. $80,000
b. $40,000
c. $52,000
d. $48,000

a.$80,000

Explanation:

Calculation for what is the projected ending cash balance

Using this formula

Ending cash balance = Beginning cash Balance + Cash sales + Borrowing Amount- (Operating expenses paid)

Let plug in the formula

Ending cash balance=$30,000 +$380,000+$50,000-($420,000-$20,000-$20,000)

Ending cash balance=$460,000-$380,000

Ending cash balance= $80,000

Therefore the Ending cash balance will be $80,000

answer; (cash) is the best out of the above; good luck

it is a i took the test.