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The table below contains Summer's monthly financial forecasts, along with the current (month 0) levels of the company's working capital accounts. All amounts below are
The table below contains Summer's monthly financial forecasts, along with the current (month 0) levels of the company's working capital accounts. All amounts below are in thousands of dollars. Month: 0 1 2 3 4 5 6 Net Income 20 24 30 50 60 36 Depreciation 6 8 10 8 Capital Expenditures 2 0 0 2 0 0 Accounts Receivable 8 10 14 2012 Inventory Accounts Payable 4 4 4 4 4 4 4 A. During which month is Summer's working capital need the greatest? B. What is expected change in cash each month? The table below contains Summer's monthly financial forecasts, along with the current (month 0) levels of the company's working capital accounts. All amounts below are in thousands of dollars. Month: 0 1 2 3 4 5 6 Net Income 20 24 30 50 60 36 Depreciation 6 8 10 8 Capital Expenditures 2 0 0 2 0 0 Accounts Receivable 8 10 14 2012 Inventory Accounts Payable 4 4 4 4 4 4 4 A. During which month is Summer's working capital need the greatest? B. What is expected change in cash each month
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