In the sales budget what are the amounts for December?

What are the December amounts for the Purchase budget? Also the March for the ending inventory

What is the amount for March?

I cant figure out the repayment of bank loan and the interest on bank loan

What is the projected proceeds from sale of marketable securities

What is the interest on the short term ban loan

What is the net income?

What is the cash amount?

IThe following information applies to the questions displayed below "We really need to get this new material-handing equipment in operation just after the new year begins.I hope we can finance It largely with cash and marketable securties, but If necessary we can get a short-term loan down at MetroBank." This statement by Beth Davies-Lowry, president of Global Electronics Company concluded a meeting she had called with the firm's top management Global is a small, rapidly growing wholesaler of consumer electronic products. The firm's main product lines are small kitchen appliances and power tools. Marcla Wilcox, Global Electronics' general manager of marketing, has recently completed a sales forecast. She belleves the company's sales during the first quarter of 20x1 will Increase by 10 percent each month over the prevlous month's sales. Then Wlcox expects sales to remain constant for several months. Global's projected balance sheet as of December 31, 20x0 is as follows: Cash Accounts recelvable Marketable securities Inventory Buildings and equipment (net of accumulated depreclation) $ 70,000 540,000 30,000 08,000 1,252,000 Total assets $2.200,000 Accounts payable Bond interest payable Property taxes payable Bonds payable (10%, due in 20x6) Common stock Retained earnings S 352,800 25,000 7.200 600,000 1,000,000 215,000 Total liablities and stockholders' equity $2,200.000 Jack Hanson, the assistant controller, is now preparing a monthly budget for the first quarter of 20x1. In the process, the following information has been accumulated 1. Projected sales for December of 20xO are $800.000. Credit sales typically are 75 percent of total sales 2. Global Electronics' cost of goods sold generally runs at 70 percent of sales. Inventory is purchased on Global's credit experience indicates that 10 percent of the credit sales are collected during the month of sale, and the remainder are collected during the following month account, and 40 percent of each month's purchases are paid during the month of purchase. The remainder is paid during the following month. In order to have adequate stocks of inventory on hand, the firm attempts to have inventory at the end of each month equal to half of the next month's projected cost of goods sold 3. Hanson has estimated that Global's other monthly expenses wal be as follows