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how to solve this question? Speedy Runner makes running shoes and they have gathered the following data for the month of October Cash on 10/1
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Speedy Runner makes running shoes and they have gathered the following data for the month of October Cash on 10/1 Expected Cash Collections Direct Materials Cash Disbursements Direct Labor Cash Disbursements MOH Cash Disbursements Operati Capital Expenditures Cash Disbursements Data $12,000 $450,000 $83,000 $38,000 $30,000 $111,000 $190,000 ing Expenses Cash Disbursements 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. $10,000 O C. $2,000 O D. $12,000Step by Step Solution
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