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40% of purchases are paid for in cash in the month of purchase, and the balance is paid the following month. Labor costs are 25%
40% of purchases are paid for in cash in the month of purchase, and the balance is paid the following month. Labor costs are 25% of sales. Other operating costs are $36,000 per month (including $10,000 of depreciation). Both of these are paid in the month incurred. The cash balance on March 1 is $10,000. A minimum cash balance of $6,000 is required at the end of the month. Money can be borrowed in multiples of $1,000. How much cash will be disbursed in total in March? The following information pertains to Monroe Company: Month January February March Sales $64,000 $88,000 $104,000 Purchases $34,000 $41,000 $62,000 Cash is collected from customers in the following manner: Month of sale 35% Month following the sale 65% 40% of purchases are paid for in cash in the month of purchase, and the balance is paid the following month. O A. $111,400 OB. $101,400 OC. $52,000 OD. $62,000 Click to select your answer. Some companies are budgeting annual carbon emissions of their operations after considering an annual global emissions budget, a share for individual sectors of the economy, and what a reasonable annual allocation would be for the company. O O True False
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