Q1 Q2 Q3 Q4Q5 $1,430 1,70 $1,780 $1,580 $1,830 Sales Total cash collections $1,430 $1,480 $1,530 $1,530 You also have the following information about Mooney Equipment: In any given period, Mooney's purchases from suppliers generally account for 72% of the expected sales in the next period, and wages, supplies, and taxes are expected to be 15% of next period's sales. In the third quarter, Mooney expects to expand one of its plants, which will require an additional $1,072 Every quarter, Mooney pays $45 million in interest and dividend payments to long-term debt and equity Mooney prefers to keep a minimum target cash balance of at least $14 milion at all times. million investment investors Using the preceding information, answer the following questions: What is the net cash inflow that Mooney expects in the fourth quarter (Q4)? If Mooney is beginning this year with a cash balance of $36 million and expects to maintain a minimum target cash balance of at least $14 million, what will be its likely cash balance at the end of the year (after Q4)2 What is the maximum investable funds that the firm expects to have in the next year? [ What is the largest cash deficit that the firm expects to suffer in the next year? True or False: If a firm changes its credit policy and allows customers to pay in 90 days instead of 60 days, and everything else remains the same, the net cash flow in the next quarter is likely to decrease. O False O True