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answer all the following The Houdini Magic Shoppe has forecast its sales and purchases for the last 4 months of 2020 Sales are as follows

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The Houdini Magic Shoppe has forecast its sales and purchases for the last 4 months of 2020 Sales are as follows (September to December): 2200, 1200, 2200, 2800 Purchases are as follows (September to December), 1500, 1800, 2900, 1900 Sixty percent of sales are on credit, while the rest are cash sales. On the basis of past experience, 40% of the accounts receivable are collected the month after the sale and 60% are collected 2 months after the sale Purchases are paid the month following the purchase. The firm has a cash balance of $5,000 on hand as at October 1, and has a minimum required cash balance of $4,000. Enter the following information: Credit Sales for November? =D Cash Inflow for December? = Cash Outifow for November? Net Cash Flow for December?-[ Ending Cash Balance for November =

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