Bookworm Publishers publishes books and they have gathered the following data for the month of October: Data Cash on 8/1 $ 7 comma 000 Expected Cash Collections $ 350 comma 000 Direct Materials Cash Disbursements $ 69 comma 000 Direct Labor Cash Disbursements $ 46 comma 000 MOH Cash Disbursements $ 39 comma 000 Operating Expenses Cash Disbursements $ 89 comma 000 Capital Expenditures Cash Disbursements $ 128 comma 000 Bookworm 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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Home » Business » Bookworm Publishers publishes books and they have gathered the following data for the month of October: Data Cash on 8/1 $ 7 comma 000 Expected Cash Collections $ 350 comma 000 Direct Materials Cash Disbursements $ 69 comma 000 Direct Labor Cash