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undefined Sales COGS Dep EBIT Interest Taxable income Taxes NI 2007 Income Statement 155,000.00 104,000.00 11,800.00 39,200.00 6,800.00 32,400.00 8,600.00 23,800.00 2006 Cash AR Waxham

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Sales COGS Dep EBIT Interest Taxable income Taxes NI 2007 Income Statement 155,000.00 104,000.00 11,800.00 39,200.00 6,800.00 32,400.00 8,600.00 23,800.00 2006 Cash AR Waxham Feed Balance Sheet 2007 20,000.00 A/P 19,300.00 LTD 55,760.00 Common Stock 95,060.00 RE 270,800.00 365,860.00 Tot Lia. & OE 33,000.00 25,200.00 40,570.00 98,770.00 213,000.00 311,770.00 2006 20,500.00 65,500.00 75,000.00 150,770.00 2007 26,800.00 73,000.00 100,000.00 166,060.00 Inventory Total CA Net Fixed Asst Total Asset 311,770.00 365,860.00 If the company approaches the bank for an overdraft loan (working capital loan), every how many days will the bank require the account to touch zero? Sales COGS Dep EBIT Interest Taxable income Taxes NI 2007 Income Statement 155,000.00 104,000.00 11,800.00 39,200.00 6,800.00 32,400.00 8,600.00 23,800.00 2006 Cash AR Waxham Feed Balance Sheet 2007 20,000.00 A/P 19,300.00 LTD 55,760.00 Common Stock 95,060.00 RE 270,800.00 365,860.00 Tot Lia. & OE 33,000.00 25,200.00 40,570.00 98,770.00 213,000.00 311,770.00 2006 20,500.00 65,500.00 75,000.00 150,770.00 2007 26,800.00 73,000.00 100,000.00 166,060.00 Inventory Total CA Net Fixed Asst Total Asset 311,770.00 365,860.00 If the company approaches the bank for an overdraft loan (working capital loan), every how many days will the bank require the account to touch zero

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