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Quarterly working capital levels for your firm for the next year are included in following table. Quarter 1 2 3 4 Cash $275 $275 $275

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Quarterly working capital levels for your firm for the next year are included in following table. Quarter 1 2 3 4 Cash $275 $275 $275 $275 Accounts Receivable $135 $390 $420 $180 $650 Inventory $490 $140 $100 Accounts Payable $125 $140 $90 $80 What is the permanent working capital need of your firm? What is the temp need for Quarter 2? permanent: $245; temporary: $180 permanent: $390; temporary: $465

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