Business
Business, 15.04.2020 19:10, Gghbhgy8716

Speedy Runner makes running shoes and they have gathered the following data for the month of October: Data Cash on 10/1 $15,300 Expected Cash Collections $435,000 Direct Materials Cash Disbursements $80,000 Direct Labor Cash Disbursements $32,000 MOH Cash Disbursements $25,000 Operating Expenses Cash Disbursements $110,000 Capital Expenditures Cash Disbursements $200,000 Speedy Runner 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 Speedy Runner need to borrow at the end of October?

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Speedy Runner makes running shoes and they have gathered the following data for the month of October...

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