Help with question 1 and 2 please thanks

Case 7 Bluffton Pharmacy, Part 2 How should the owners of a small of goods sold is 77.4 percent, and vendors grant "net 30" pharmacy create a cash flow forecast credit terms, which means the pharmacy pays for the goods for their business? it purchases every month in the following month. Crawford und Rodriguez have been working with their accountant to develop estimates for their expenses for the upcoming year t has been a little more than two years since Angela Craw- (see the accompanying table on page 783). ford and Martin Rodriguez purchased the Bluffton Pharmacy from Frank White, the previous owner and founder, who had December, were $272,357 and $315,458. The company's Actual sales for the last two months, November and started the pharmacy in 1969. Although Crawford and Ro- driguez have prepared budgets for Bluffton Pharmacy and cash balance as of January 1 is $74,473. The interest rate on Bluffon Pharmacy's current line of credit is 8.25%, and have analyzed their financial statements using ratio analysis, whatever the pharmacy borrows must be repaid the follow- they have not created a cash flow forecast. During a recent ing month (with interest), even if it must borrow again in that meeting, their banker explained the importance of reliable cash flow forecasts, telling them that hanks traditionally balance of $15,000 month. The entrepreneurs have established a minimum cash are "cash flow lenders." Bankers appreciate strong balance sheets and income statements, but they are most interested in a company's cash flow because they know that positive cash Questions flow is required to repay a loan. 1. Develop a monthly cash budget for Bluffton Pharmacy Crawford and Rodriguez expect sales to increase for the upcoming year. 4.5 percent next year, to $2,504,368. Credit sales account 2. What recommendations can you offer Angela Crawford for 19 percent of total sales, and the company's collection and Martin Rodriguez to improve their pharmacy's pattern for credit sales is 11 percent in the same month in cash flow? which the sale is generated, 63.5 percent in the first month 3. If you were Bluffton Pharmacy's banker, would you be after the sale is generaled, and 22 percent in the second comfortable extending a line of credit to the pharmacy? month after the sale is generated. The pharmacy's cost Explain ( Case 7 Bluffton Pharmacy, Part 2 How should the owners of a small of goods sold is 77.4 percent, and vendors grant "net 30" pharmacy create a cash flow forecast credit terms, which means the pharmacy pays for the goods for their business? it purchases every month in the following month. Crawford und Rodriguez have been working with their accountant to develop estimates for their expenses for the upcoming year t has been a little more than two years since Angela Craw- (see the accompanying table on page 783). ford and Martin Rodriguez purchased the Bluffton Pharmacy from Frank White, the previous owner and founder, who had December, were $272,357 and $315,458. The company's Actual sales for the last two months, November and started the pharmacy in 1969. Although Crawford and Ro- driguez have prepared budgets for Bluffton Pharmacy and cash balance as of January 1 is $74,473. The interest rate on Bluffon Pharmacy's current line of credit is 8.25%, and have analyzed their financial statements using ratio analysis, whatever the pharmacy borrows must be repaid the follow- they have not created a cash flow forecast. During a recent ing month (with interest), even if it must borrow again in that meeting, their banker explained the importance of reliable cash flow forecasts, telling them that hanks traditionally balance of $15,000 month. The entrepreneurs have established a minimum cash are "cash flow lenders." Bankers appreciate strong balance sheets and income statements, but they are most interested in a company's cash flow because they know that positive cash Questions flow is required to repay a loan. 1. Develop a monthly cash budget for Bluffton Pharmacy Crawford and Rodriguez expect sales to increase for the upcoming year. 4.5 percent next year, to $2,504,368. Credit sales account 2. What recommendations can you offer Angela Crawford for 19 percent of total sales, and the company's collection and Martin Rodriguez to improve their pharmacy's pattern for credit sales is 11 percent in the same month in cash flow? which the sale is generated, 63.5 percent in the first month 3. If you were Bluffton Pharmacy's banker, would you be after the sale is generaled, and 22 percent in the second comfortable extending a line of credit to the pharmacy? month after the sale is generated. The pharmacy's cost Explain (