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Light as a Feather in makes running shoes and they have gathered the following data for the month of October Cash on 10/1 Expected
Light as a Feather in 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 $19,000 $457,000 $54,000 $32.000 $31,000 $114,000 $205,000 Light as a Feather Inc requires an ending cash balance of at least $12.000 and can borrow from a line of credit in $1,000 increments. How much will the company need to borrow at the end of October OA $18.000 310.000 Oc. $2,000 OD 50
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