question number 6

mellon companys financial managers

e total each bu$et_ Comny& are meeting of and n Fave bu$et fu last six mon&s of xere to d month, a is month ate b t a xere first Glculated in are first of 2/10, net 30 Mell exien Nho bke Of 75% is cdlted in materials avera of proSt_ s is llted d last are no bad debts Of %le, and pays its in 30 days. if July at $ million, puff du ring June would be $915 ($1,210 million 0 45), and this amount xould be paid in July. Otts e xp de i at 1ST of exp& at pay& of mill' montNy Of $44 and $67 million a million re re-ed to be paid July 15 and Octob 15, In addi tim, a Mellufrtargeted balan is $300, and ran plant must be dun 1 is $319.