Speedy Runner Makes Running Shoes and They Have Gathered the Following

question 47

Multiple Choice

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

• A)$0
• B)$8,700
• C)$9,000
• D)$3,300

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Definitions:

Automation

The use of machines and technology to perform tasks without human intervention, often to enhance efficiency and accuracy.

Modularizing

The process of breaking down a system into smaller, independent modules that can be developed, tested, and deployed separately.

External Product Development

The process of creating new products or making improvements with the aid of external partners or resources.

Enhancements

Improvements or upgrades made to products, services, or systems to increase functionality or performance.