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Light as a Feather Inc makes running shoes and they have gathered the following data for the month of October: Light as a Feather Inc
Light as a Feather Inc makes running shoes and they have gathered the following data for the month of October: Light as a Feather Inc requires an ending cash balance of at least $12,000 and can borrow from a line of credit in $. end of October? A. $4,000 cash deficiency B. $4,000 cash excess C. $12,000 cash deficiency D. $16,000 cash excess Flying Things Company has two products: Kites and Gliders. A March sales forecast projects 16,000 units of Kites and 20,000 units of Gliders are going to be sold at prices of $15 and $13, respectively. The desired ending inventory of Kites is 11% higher than the beginning inventory, which was 1,500 units. How much are total March sales for Kites anticipated to be? A. $145,455 B. $260,000 C. $232,000 D. $208,000
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