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The following information pertains to Monroe Company: - Cash is collected from customers in the following manner: Month of sale 35% Month following the sale

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The following information pertains to Monroe Company: - 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 30% of sales. Other operating costs are $35,000 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 disbursed in total in March? A. $110,250 B. $67,100 C. $119,250 D. $58,100 The following information pertains to Monroe Company: - Cash is collected from customers in the following manner: Month of sale 30% Month following the sale 70% - 40% 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 $38,000 per month (including $8,000 of depreciation). Both of these are paid in the month incurred. - The cash balance on March 1 is $19,300. 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. $19,300 B. $8,000 C. $7,000 D. $14,400 The following information pertains to Monroe Company: - Cash is collected from customers in the following manner: Month of sale 40% Month following the sale 60% - 40% 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 $32,000 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 paid to suppliers in March? A. $96,000 B. $51,200 C. $102,800 D. $62,000 The following information pertains to Monroe Company: - Cash is collected from customers in the following manner: Month of sale 35% Month following the sale 65% - 40% 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 $30,000 per month (including $10,000 of depreciation). Both of these are paid in the month incurred. - The cash balance on March 1 is $9,000. 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 collected from customers in March? A. $99,900 B. $92,100 C. $121,150 D. $109,000

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