You have a landscaping business You have the following financial information for the month: Initial cash balance: 1,200 Projected revenue based on existing clients: 2,350 Gas: 100 Equipment maintenance fees: 290 Truck payment: 400 Payroll: 2,900 Insurance: 120 What is your projected ending cash balance for the month? A. - 140 B. - 260 C. 940 D. 2,640

To calculate the projected ending cash balance for the month, we need to consider all the financial information provided.<br /><br />Initial cash balance: $1,200<br />Projected revenue based on existing clients: $2,350<br />Gas: $100<br />Equipment maintenance fees: $290<br />Truck payment: $400<br />Payroll: $2,900<br />Insurance: $120<br /><br />First, let's calculate the total expenses:<br />Gas + Equipment maintenance fees + Truck payment + Payroll + Insurance = $100 + $290 + $400 + $2,900 + $120 = $3,810<br /><br />Next, let's calculate the net cash flow:<br />Net cash flow = Projected revenue - Total expenses = $2,350 - $3,810 = -$1,460<br /><br />Finally, let's calculate the projected ending cash balance:<br />Projected ending cash balance = Initial cash balance + Net cash flow = $1,200 + (-$1,460) = -$260<br /><br />Therefore, the projected ending cash balance for the month is -$260.<br /><br />The correct answer is B. -$260.