follows:

Sales for the first quarter of the following year are projected at $$205$ million. Accounts

receivable e beginning of the year were $$81$ million. Wildcat has a $45-$day collection

period.

Wildcat's purchases from suppliers in a quarter are equal to $50$ percent of the next

quarter's for

other expenses run about $20$ percent of sales. Interest and dividends are $$18$ million per

quarter.

Wildcat plans a major capital outlay in the second quarter of $$94$ million. Finally, the

company started the year with a $$83$ million cash balance and wishes to maintain a $$40$

million minimum balance.

a$-1.$ Assume that Wildcat can borrow any needed funds on a short$-$term basis at a rate of

$3$ percent per quarter and can invest any excess funds in short$-$term marketable

securities at a rate of $2$ percent per quarter. Complete the following short$-$term

financial plan for Wildcat. $($Enter your answers in millions. Negative amounts

should be indicated by a minus sign. Leave no cells blank $-$ be certain to enter $"0"$

answers