The Helping Families Save Their Home Act of 2009 provides ways for some home owners to qualify to have their loans modified so that they could more easily retain their homes and prevent foreclosure

Fulkron, Inc provides the following data taken from its third quarter budget

Jul Aug Sep Cash collections $67,000 $41,000 $43,000 Cash payments: Purchases of direct materials 52,000 49,000 25,000 Operating expenses 12,000 19,000 23,000 Capital expenditures 0 35,000 6,000 The cash balance on June 30 is projected to be $11,000. Based on the above data, calculate the shortfall the company is projected to have at the end of August. A) $35,000 B) $(59,000 ) C) $(48,000 ) D) $14,000

If an investment center has a $90,000 controllable margin and $1,200,000 of sales, what average operating assets are needed to have a return on investment of 10%?

a) $900,000 b) $210,000 c) $120,000 d) $1,200,000