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Business, 24.03.2020 23:03 kylee76

Labor costs are 30% of sales. Other operating costs are $38,000 per month (including $10,000 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

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Labor costs are 30% of sales. Other operating costs are $38,000 per month (including $10,000 of depr...

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