Question 5 1 Point 71) GS Cookie Co forecasts cash receipts for January and February of $18,000 and $20,000, with cash payments of $6,000 and $8,000, respectively, GS Cookie's cash balance at the beginning of January was $5,000, a level that it attempts to maintain. At the beginning of the year, GS Cookie has a $15,000 balance outstanding on les line of credit at the local bank. Based on its cash budges, how much of the line of credit can GS Cookie repay in January? $12,000 B $15,000 54,000 D None Question 6 1 Point The concept of operating leverage involves the use of to magnity returns a high levels of operation A fixed costs B variable costs marginal costs D semivariable costs