Light as a Feather Inc makes running shoes and they have gathered the following data for...
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Light as a Feather 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 i Data $12,000 $451,000 $86,000 $39,000 $32,000 $115,000 $190,000 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? COA $11,000 OB. 50 OC. $1,000 OD. $12,000 Light as a Feather 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 i Data $12,000 $451,000 $86,000 $39,000 $32,000 $115,000 $190,000 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? COA $11,000 OB. 50 OC. $1,000 OD. $12,000
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