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PO The Houdint Magic Shoppe has forecast its sales and purchases for the last 4 months at 2000 Sales are as follows (September to December):

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PO The Houdint Magic Shoppe has forecast its sales and purchases for the last 4 months at 2000 Sales are as follows (September to December): 2200, 1400,2400,2700 Purchases are as follows (September to December) 1500, 1700, 2700, 1700 Sexty percent of sales are on credit, while the rest are cash sales. On the basis of past experience, 40% of the accounts receive collected the month after the sale and 60% are collected 2 months after the sale Purchases are paid the month following the purchase. The firm has a cash balance of $5.000 on hand as at October 1, and has minimum required cash balance of $4.000. 154 Enter the following information Credit Sales for November? Cash Inflow for December? Cash Outifow for November? Net Cash Flow for December? Ending Cash Balance for November

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