The company's cost of goods sold is equal to 50% of sales. All purchases of inventory are made on credit lordan Company pays of 80% of a month's purchases es the inorth of aurth, and the ther 30% of the cost of goods sold for the next manth percent in the month following purchase. The company requires that end-of-month inventones be Instructions Compute the amount of cash in total, which the company can expect to collect in june Ito Campute the budgeted Dinar amount of inventory which the company should have on hand at the end of Mas Compute the amount of inventory that the company should purchase during the months of june and July Compute the amount of cash payments that will be made to suppers dummg huy for purchases of inventory