on 20 red out of Squishville Incorporated is a manufacturing company that makes stuffed animals. The...

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on 20 red out of Squishville Incorporated is a manufacturing company that makes stuffed animals. The managers of the company want to maintain a minimum balance of $6,000 at the end of each month. All sales are on credit. All expenses incurred by the company are paid for in the month they are incurred, however Squishville has made an agreement with their supplier that purchases for materials are paid for in the month after they are incurred. The selling and administrative expenses includes a monthly depreciation amount of $4,000. Management has projected the following information for the upcoming months: Welcom 1 Multipl 2 3 Multip 9 Monthly sales Material purchases Selling and administrative expenses January February March ROI & $270,000 205,000 165,000 $300,000 $330,00 i 212,500 116,000 106,000 103,000 Stat The company has cash balance of $5,000 on January 31. They have already prepared a schedule of cash collections and expects that collections will be $275,000 in January, $310,000 in February, and $300,000 in March. illerufen 26 on 20 red out of Squishville Incorporated is a manufacturing company that makes stuffed animals. The managers of the company want to maintain a minimum balance of $6,000 at the end of each month. All sales are on credit. All expenses incurred by the company are paid for in the month they are incurred, however Squishville has made an agreement with their supplier that purchases for materials are paid for in the month after they are incurred. The selling and administrative expenses includes a monthly depreciation amount of $4,000. Management has projected the following information for the upcoming months: Welcom 1 Multipl 2 3 Multip 9 Monthly sales Material purchases Selling and administrative expenses January February March ROI & $270,000 205,000 165,000 $300,000 $330,00 i 212,500 116,000 106,000 103,000 Stat The company has cash balance of $5,000 on January 31. They have already prepared a schedule of cash collections and expects that collections will be $275,000 in January, $310,000 in February, and $300,000 in March. illerufen 26