Problem 24-01 A firm has the following monthly pattern of sales: January $ 100 February 200 March 300 Ar 700 May 300 June 200 Seventy percent of the sales are on credit and are collected after a month. The company Days wages each month that are 75 percent of sales and has surement avent) of 5 month. In March it receives $200 from a bond that matures, in April and June it makes a tax payment of $150 Management mecah balance of 100 times trucah bude that indicates the firm's monthly needs for short term financing. Its beginning cash poutiens $100. Round your answers to the best doenter the dissement stond ered level of cash in Part 3 as positive values. Use a minus sign to enter cash outflows, shortage of cash values. negative initial and ending cach positions in Port 1. Do not have any book the answer is zero, entero January February Part 1 Anticipated sales Cash sales $ Accounts collected $ Other receipts S Total receipts 5 Part 2 Variable disbursements 5 Fixed disbursements Other disbursements 5 Total cash disbursements Part3 Net change in the $ Tal cash position 5 Ending cash position $ Desired level of cash Excess (shortage of cash 1