I need help with 4, 5 , 6

budget for a compall nancing required from the pro forma forecast elllcuc Lash deficit s result Fesule onths, halfof estimated on the cash budget. How would you interpret ths ec 4. Sequoia Furniture Company's sales over the past three months which are for cash, were as follows: Ma $520,000 April March $650,000 $400,000 its cash receipts in May? What would be its accounts receivable b. Now assume that Sequoia's collection period is 45 days. Wha 5. Table 3.3 shows the December 31, 2015 pro forma balance sheet and a. Assume that Sequoia's collection period is 60 days. What would bu balance at the end of May? at accounts re- ceivable balance at the end of May? ro-forma ba lance income statements for R&E Supplies, Inc. The p sheet shows that R&E Supplies will need external funding from the bank of $1.4 million. However, they show almost $1.3 million in cash and short-term securities. Why are they talking to the bank for such a large amount when they have most of this sum in their cash account 6. Table 3.5 presents a computer spreadsheet for estimating R&E Sup- plies' external financing required for 2015. The text mentions that with modifications to the equations for equity and net sales, the fore- cast can easily be extended through 2016. Write the modified equa tions for equity and net sales