Anwser sould be base solely on the data contained in the financial statements completed to response to Quesion 4.?

Question

Assume Mark X has determined that its optimal cash balance is 5 percent of sals and that funds in excess of the amount will be invested in marketable securities, which on average will earn 7 percent interest. Based on your forecast financial statements, will Mark X be able to invest in marketable securiies in 1993 and 1994? If so, what is the amount of excess funds Mark X should invest in marketable securities? Do your financial forecast reveal any developing conditions that should be corrected?