D Question 2 Gillstrap Promotions has projected the following values for the next three months: January February $352,00

[answerhappygod]

D Question 2 Gillstrap Promotions Has Projected The Following Values For The Next Three Months January February 352 00 1 (56.18 KiB) Viewed 39 times

D Question 2 Gillstrap Promotions has projected the following values for the next three months: January February $352,000 $379,000 $218,000 $88,000 $18,000 $50,000 All sales are credit sales with 40% collected in the month of sale, 50% collected the following month, and the remainder collected in the second month after the sale. Credit purchases are paid in 30 days and all other items require immediate payment. Compute the net cash inflow for March. Sales Purchases on Trade Credit Cash Expenses Taxes, interest, and dividends Capital Expenditures $240,000 $91,000 $20,000 March $424,746 $260,000 $94,000 $41,000 3 pts $25,000