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I will upvote. Thanks! Fanciful Tile Company buys ceramic tiles and prints designs on them for souvenir shops. It buys tiles from Europe, and due

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Fanciful Tile Company buys ceramic tiles and prints designs on them for souvenir shops. It buys tiles from Europe, and due to long lead times, desires to keep the next 3 months worth of inventory on hand at all times. The tiles cost $2 each, and are purchased on credit with payment due in the month following purchase. The company has 56,000 tiles in stock. Sales estimates for the next 6 months are as follows: Jan 24,800 Feb 35,600 Mar 26,400 Apr 28,400 May 19,200 June 14,400 How many tiles are budgeted to be purchased in February? Using the information from the problem above, What is the expected Cash Outflow in April

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