Business, 22.04.2020 03:43 queentynaisa

Bookworm Publishers publishes books and they have gathered the following data for the month of October: DataCash on 8/1$7,000Expected Cash Collections$350,000Direct Materials Cash Disbursements$62,000Direct Labor Cash Disbursements$45,000MOH Cash Disbursements$43,000Operating Expenses Cash Disbursements$85,000Capital Expenditures Cash Disbursements$125,000Bookworm Publishers requires an ending cash balance of at least $5,000 and can borrow from a line of credit in $1,000 increments. What is the excess or deficiency of cash for October?

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Bookworm Publishers publishes books and they have gathered the following data for the month of Octob...

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