1. Card Sharks Inc. sells baseball cards and other memorabilia. The company tries to maintain a cash balanceequivalent to approximately 30 days of sales. Sales in 2011 amounted to $352,412 and the company expects growth in 2012 of 33% and in 2013 of 40%.

Given the information provided about Card Sharks, what is the company's 2012 projected year-end cash balance?

1. $966
2. $28,965
3. $15,623
4. $38,524
5. What is the companys 2013 projected annual sales?
6. $656,191
7. $493,377
8. $187,483
9. $542,333
10. What is the companys 2013 projected cash balance?
11. $53,934
12. $49,524
13. $21,873
14. $38,524