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4. Summer Inc. The table below contains Summer's monthly financial forecasts, along with the current (month 0) levels of the company's working capital accounts. All
4. Summer Inc. The table below contains Summer's monthly financial forecasts, along with the current (month 0) levels of the company's working capital accounts. All amounts below are in thousands of dollars. Month: 2 24 1 20 4 2 3 30 6 Net Income Depreciation Capital Expenditures 4 50 8 2 6 36 8 60 10 0 Accounts Receivable Inventory Accounts Payable 4 6 4 6 4 4 8 8 4 10 10 4 14 10 4 20 8 4 12 4 4 A. During which month is Summer's working capital need the greatest? B. What is expected change in cash each month? 4. Summer Inc. The table below contains Summer's monthly financial forecasts, along with the current (month 0) levels of the company's working capital accounts. All amounts below are in thousands of dollars. Month: 2 24 1 20 4 2 3 30 6 Net Income Depreciation Capital Expenditures 4 50 8 2 6 36 8 60 10 0 Accounts Receivable Inventory Accounts Payable 4 6 4 6 4 4 8 8 4 10 10 4 14 10 4 20 8 4 12 4 4 A. During which month is Summer's working capital need the greatest? B. What is expected change in cash each month
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