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Company X tries to maintain a cash balance equivalent to approximately 30 days of sales. Sales in 2017 equal $352,412. The company forecasts sales of
Company X tries to maintain a cash balance equivalent to approximately 30 days of sales. Sales in 2017 equal $352,412. The company forecasts sales of $468,708 for 2018 and $656,191 for 2019. Using this information, what is the company's projected 2019 cash balance? Round intermediate calculations to 6 decimal places of precision.
Please help, Thank you
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