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6. By extending customer terms from 30 to 60 days to remain competitive, how would this change the amount needed to fund this growth? Answer:
6. By extending customer terms from 30 to 60 days to remain competitive, how would this change the amount needed to fund this growth? Answer: 7. In your opinion, what type of funding would you use to cover the amount? Give your reasoning? Answer: 8. Assuming this growth projection is completed in March and you have chosen to go with a bank loan of some type, what month should you meet with the loan officer and submit your request for the funding? Give your reasoning. \begin{tabular}{|l|r|r|r|r|} \hline Ace Industrial Supply Cash Flow Statement & & & & \\ \hline & & & & \\ \hline \end{tabular}
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