Step 6 of 34 Payments/Payments RatiOS 13 14 Month 1 15 Month 2 16 Month 3 17 18 19 20 21 Per Month(1 Your turn: Based on this paragraph enter these assumptions: Wally's Widgets expects to collect 25% of sales in the month the sale occurs, 50% the following month, and 25% the second month after the sale has occurred 23 24 25 26 27 28 29 30 31 32 Wally's Widgets will pay for 60% of inventory purchases in the month the purchase occurs, and 40% the following month. 34 25 InputsSupporting Schedules Operating Budget Cash Budget + Step 6 of 34 Payments/Payments RatiOS 13 14 Month 1 15 Month 2 16 Month 3 17 18 19 20 21 Per Month(1 Your turn: Based on this paragraph enter these assumptions: Wally's Widgets expects to collect 25% of sales in the month the sale occurs, 50% the following month, and 25% the second month after the sale has occurred 23 24 25 26 27 28 29 30 31 32 Wally's Widgets will pay for 60% of inventory purchases in the month the purchase occurs, and 40% the following month. 34 25 InputsSupporting Schedules Operating Budget Cash Budget +