Question
K Fast Feet Inc makes running shoes and they have gathered the following data for the month of October: Cash on 10/1 Expected Cash Collections
K Fast Feet Inc 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 Operating Expenses Cash Disbursements Capital Expenditures Cash Disbursements Data OA. $10,000 OB. $0 OC. $2,000 OD. $12,000 $17,000 $455,000 $81,000 $38,000 $28,000 $113,000 $210,000 Fast Feet Inc 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?
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