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Question 3 5 pts Card Sharks Inc Card Sharks, Inc. sells baseball cards and other memorabilia. The company tries to maintain a cash balance equivalent
Question 3 5 pts Card Sharks Inc Card Sharks, Inc. sells baseball cards and other memorabilia. The company tries to maintain a cash balance equivalent to approximately 30 days of sales Sales in 2011 amounted to $352.412 and the company expects growth in 2012 of 30% and in 2013 of 35%. Given the information provided about Card Sharks, what is the company's 2013 projected cash balance? $53,934 $49,524 e $21,873 $50,820
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