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Speedy Runner makes running shoes and they have gathered the following data for the month of October Data Cash on 10/1 518 000 Expected Cash
Speedy Runner makes running shoes and they have gathered the following data for the month of October Data Cash on 10/1 518 000 Expected Cash Collections 5456 000 Direct Materials Cash Disbursements $81.000 Direct Labor Cash Disbursements 537.000 MOH Cash Disbursements $28.000 Operating Expenses Cash Disbursements $111.000 Capital Expenditures Cash Disbursements $215,000 Speedy Runner requires an ending cash balance of at least 512.000 and can borrow from a line of credit in 51.000 increments. How much will Speedy Runner need to borrow at the end of October? O A 50 OB. 518,000 OC 510,000 OD. $2.000
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