Speedy Runner makes running shoes and they have gathered the following data for the month of...
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Speedy Runner makes running shoes and they have gathered the following data for the month of October: Data $15,300 $435,000 S80,000 $32,000 $25,000 $110,000 Cash on 10/1 Expected Cash Collections Direct Materials Cash Disbursements Direct Labor Cash Disbursements MOH Cash Disbursements Operating Expenses Cash Disbursements Capital Expenditures Cash Disbursements $200,000 Speedy Runner requires an ending cash balance of at least $12,000 and can borrow from a line of credit in $1,000 increments. What is the ending cash balance for October? O A. $9.000 O B. $12,000 O C. $3,300 O D. $12,300 Speedy Runner makes running shoes and they have gathered the following data for the month of October: Data $15,300 $435,000 S80,000 $32,000 $25,000 $110,000 Cash on 10/1 Expected Cash Collections Direct Materials Cash Disbursements Direct Labor Cash Disbursements MOH Cash Disbursements Operating Expenses Cash Disbursements Capital Expenditures Cash Disbursements $200,000 Speedy Runner requires an ending cash balance of at least $12,000 and can borrow from a line of credit in $1,000 increments. What is the ending cash balance for October? O A. $9.000 O B. $12,000 O C. $3,300 O D. $12,300
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