Wildcat, Inc., has estimated sales $($in millions$)$ for the next four quarters as follows:

Sales for the first quarter of the year after this one are projected at $$130$ million.

Accounts receivable at the beginning of the year were $$51$ million. Wildcat has a $45-$day

collection period.

Wildcat's purchases from suppliers in a quarter are equal to $45$ percent of the next

quarter's forecasted sales, and suppliers are normally paid in $36$ days. Wages, taxes, and

other expenses run about $20$ percent of sales. Interest and dividends are $$11$ million per

quarter.

Wildcat plans a major capital outlay in the second quarter of $$70$ million. Finally, the

company started the year with a $$68$ million cash balance and wishes to maintain a $$40$

million minimum balance.

a$-1.$ Assume that Wildcat can borrow any needed funds on a short$-$term basis at a rate of

$4$ percent per quarter and can invest any excess funds in short$-$term marketable

securities at a rate of $3$ percent per quarter. Complete the following short$-$term

financial plan for Wildcat. $($Leave no cells blank $-$ be certain to enter $"0"$ wherever

required. A negative answer should be indicated by a minus sign. Do not round

intermediate calculations and enter your answers in millions, rounded to $2$

decimal places, e$.$g$.,32\mathrm{.}16.)$Wildcat$,$ Inc., has estimated sales $($in millions$)$ for the next four quarters as follows:

Sales for the first quarter of the year after this one are projected at $$130$ million.

Accounts receivable at the beginning of the year were $$51$ million. Wildcat has a $45-$day

collection period.

Wildcat's purchases from suppliers in a quarter are equal to $45$ percent of the next

quarter's forecasted sales, and suppliers are normally paid in $36$ days. Wages, taxes, and

other expenses run about $20$ percent of sales. Interest and dividends are $$11$ million per

quarter.

Wildcat plans a major capital outlay in the second quarter of $$70$ million. Finally, the

company started the year with a $$68$ million cash balance and wishes to maintain a $$40$

million minimum balance.

a$-1.$ Assume that Wildcat can borrow any needed funds on a short$-$term basis at a rate of

$4$ percent per quarter and can invest any excess funds in short$-$term marketable

securities at a rate of $3$ percent per quarter. Complete the following short$-$term

financial plan for Wildcat. $($Leave no cells blank $-$ be certain to enter $"0"$ wherever

required. A negative answer should be indicated by a minus sign. Do not round

intermediate calculations and enter your answers in millions, rounded to $2$

decimal places, e$.$g$.,32\mathrm{.}16.)$