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Squares Prog Corp.'s isctual salese for the previas quarter (O4), arnd estimaled sales for the next four quarters are giver below (in S millicri/: 30%
Squares Prog Corp.'s isctual salese for the previas quarter (O4), arnd estimaled sales for the next four quarters are giver below (in S millicri/: 30% of salss are cesh sales and the memainder are credit sales which are $200 rmilion The compeny sells its products for $9 per unit and it coets $5 to prcduca each unit. All production costs are paid in the quarter of the sele. In addition, the compeny incurs tixed costs of $40 million par quarter. The compay usas level produrticn, producing one quarter of exeperetnd amnual producticn in quarters 1 to 4. Part 1 Attempt 1/3 for 10pts. Determine cash colections for Q1 to Qu. Whet are cesh collections in Q4 inin 5 millon? Part 2 Atternpt 13 for 10 pts. Determife cash dietursements for Q1 to Qu. Wint are casin cisbursements in Q4 { in $ mllioni? Part 3 Attempt 1/3 for 10 pts. Determine cashi balarce at thes end of Q1 to Q4. What is the casent talarice at the end of 04 (in $ miliori)
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