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Ivanhoe Instruments. a rapid v expanding elec cronic parts distributor. is formulating its plans for 2022. Gary King the frm's director of is conndent that

Ivanhoe Instruments. a rapid v expanding elec cronic parts distributor. is formulating its plans for 2022. Gary King the frm's director of is conndent that the company will meet or exceed sales estimates. The following sales marketine.has completed his zUrorecastand figures show the growth that is expected and are the basis for planning in the other corporate departments Month Forecast Sales Month Forecast Sales January $3,500,000 5.000,000 February 3,750,000 AURUSt 5,000,000 March 3,500,000 soprember 5.250,000 April 4 000 000 October 5,250,000 May 4.375,000 November 5.000.000 June 4.750,000 December 5,500,000 John Smith, assistant controller, is responsible for the cash flow projection, a critical element during a period of rapid expansion. She will use the

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