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Business, 24.03.2020 19:33 lilquanreem8051
Following month. Labor costs are 20% of sales. Other operating costs are $37,000 per month (including $8,000 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 collected from customers in March
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Following month. Labor costs are 20% of sales. Other operating costs are $37,000 per month (includin...
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