hello, im trying to learn off a exam i did poorly on and was hoping for some help.

Your firm's sales and sales projections are: May April 185 June 205 July 466 561 On average your firm collects 20% of sales in the same of the sale, 50% of sales after 1 month, and the remaining 30% in the second month after the sale. Your firm makes acquires materials 2 months in advance and pays for them 1 month after acquisition to the amount of 60% of projected sales. All other costs combine to be 56 per month. Project June's ending cash balance if May's ending cash balance was 118. You Answered 141 Correct Answer 159.4 margin of error 2%