Business
Business, 03.12.2021 22:40, joThompson

January February March Sales $352,000 $379,000 $443,520 Purchases on Trade Credit $218,000 $240,000 $260,000 Cash Expenses $88,000 $91,000 $94,000 Taxes, interest, and dividends $18,000 $20,000 $41,000 Capital Expenditures $50,000 0 $25,000 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.

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January February March Sales $352,000 $379,000 $443,520 Purchases on Trade Credit $218,000 $240,000...

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