8. Growth Scenario 3: Answer questions 8-13 Prepare a projected cash flow for Ace Industrial Supply using the original information in question 2 above but this time assume your competition is offering 60 day terms to customers. To achieve your desired growth Ace Industrial Supply must match the competition and extend receivable terms to also allow customers 60 days to pay. Note: February sales were 5000 units. 10. In your opinion, what type of funding would you use to cover the amount? Give your reasoning? Answer: 11. 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. Answer: 8. Growth Scenario 3: Answer questions 8-13 Prepare a projected cash flow for Ace Industrial Supply using the original information in question 2 above but this time assume your competition is offering 60 day terms to customers. To achieve your desired growth Ace Industrial Supply must match the competition and extend receivable terms to also allow customers 60 days to pay. Note: February sales were 5000 units. 10. In your opinion, what type of funding would you use to cover the amount? Give your reasoning? Answer: 11. 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