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Month January February March Sales $67,000 $84,000 $106,000 Purchases $34,000 $41,000 $60,000 Cash is collected from customers in the following manner: Month of sale 35%

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Month January February March Sales $67,000 $84,000 $106,000 Purchases $34,000 $41,000 $60,000 Cash is collected from customers in the following manner: Month of sale 35% Month following the sale 65% 45% of purchases are paid for in cash in the month of purchase, and the balance is paid the following month. Labor costs are 20% of sales. Other operating costs are $36,000 per month (including $9,000 of depreciation). Both of these are paid in the month incurred. The cash balance on March 1 is $10,000. A minimum cash balance of $6,000 is required at the end of the month. Money can be borrowed in multiples of $1,000. How much cash will be paid to suppliers in March? A. $60,000 B. $49,550 OC. $102,000 OD. $94,000 Month January February March Sales $66,000 $82,000 $102,000 Purchases $41,000 $45,000 $59,000 Cash is collected from customers in the following manner: Month of sale 40% Month following the sale 60% 50% of purchases are paid for in cash in the month of purchase, and the balance is paid the following month. Labor costs are 25% of sales. Other operating costs are $40,000 per month (including $9,000 of depreciation). Both of these are paid in the month incurred. The cash balance on March 1 is $8,000. A minimum cash balance of $6,000 is required at the end of the month. Money can be borrowed in multiples of $1,000. How much cash will be disbursed in total in March? A. $56,500 B. $117,500 C. $65,500 D. $108,500 Month January February March Sales $65,000 $88,000 $110,000 Purchases $40,000 $48,000 $62,000 Cash is collected from customers in the following manner: Month of sale 35% Month following the sale 65% 50% of purchases are paid for in cash in the month of purchase, and the balance is paid the following month. Labor costs are 20% of sales. Other operating costs are $34,000 per month (including $10,000 of depreciation). Both of these are paid in the month incurred. The cash balance on March 1 is $12,300. A minimum cash balance of $8,000 is required at the end of the month. Money can be borrowed in multiples of $1,000. What is the ending cash balance for March? A. $8,000 B. $7,000 C. $4,600 D. $12,300

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