STUDENT'S NAME:

$4.(6,0$ points$)$ A company has projected the following quarterly sales amounts for the coming year:

Accounts receivable at the beginn after this one are projected at $c330\mathrm{.}000,00.$

$($considering a $360$ days year$)$ collection of the year were $995\mathrm{.}000.$ The company has a $30-$day

Company's purchases from suppliers in period.

forecast sales, and suppliers are normatiers in a quarter are equal to $65$ percent of the next quarter's run about $20$ percent of sales, Interest are paid immediately. Wages, taxes and other expenses paid on the third quarter.

$25\mathrm{.}000,00$ per quarter. Dividends of $50\mathrm{.}000,00$ are

Finally, the company started capital outlay in the second quarter of $100\mathrm{.}000,00.$

investments$)$ and wishes to the year with a $150\mathrm{.}000,00$ cash balance $($cash and short$-$term Assuming that the company cantain a $50\mathrm{.}000,00$ minimum balance.

per quarter and can invest any excess funds needed funds on a short$-$term basis at a rate of $2\%$

per quarter. Prepare a short$-$term financial in short$-$term marketable securities at a rate of $1\%$

$\backslash$table$[[,$Q$1,Q^{Q2},$Q$3,$Q$4],[$Beginning Receivables,$95000,95000,95000,95000],[$Sales$,630000,,,],[$Collection of accounts,,,,$],[$Ending Receivables,,,,$],[$Payment of Purchases,,,,$],[\backslash$table$[[$Wages$,$ taxes and other$],[$expenses$]],60000,75000,90000,81000],[$Capital Expenditures,,,,$],[$Interest$,25000,25000,25000,25000],[$Dividends$,,,50000,],[$Total Cash Disbursements,,,,$],[$Total Cash Collections,,,,$],[$Total Cash Disbursements,,,,$],[$Net Cash Inflow $($outflow$),,,,]]$How did you find collection receivaible