If projected net cash flow for November is ($10,000); beginning cash balance is $4,000; minimum cash balance is $3,000; beginning loan balance is $8,000, what will be the cumulative loan balance at the end of November? Select one: O a. $14,000 O b. $5,000 O c. $17,000 O d. $22,000 A firm has beginning inventory of 300 units at a cost of $11 each. Production during the period was 650 units at $12 each. If sales were 700 units, what is the cost of goods sold (assume FIFO)? at of Select one O a. $9.000 estion O b. $8,000 O c. $7,700 O d. $8,100 us page Next p apter 4 Additional Recommended Solutions Jump to Student Materials - Chapter 4 - Type here to search O E # hp + % 3 4 & 5 6 7 8 9 2 1/2 E R. T P. . G . K