You work for the Treasurer of BE Products, Inc. Your team is responsable for short term capital

management. You are asked to work on the following tasks $($please use the provided excel

template to outline your answer to each$).$ Consider the two tasks completely independent $($i$.$e$.$ do

not use info from one when yoa solve for the other$).$

Consider the following financial statement information for YYYY Products, Inc.

Calculate the operating and cash cycles. How do you interpret your answer?

Your boss has just been asked by the company's president to prepare a memo detailing

the company's eading cash balance for the next three months. Below, you will see the

relevant estimates for this period.

Credit sales

Credit purchases

Cash disbursements:

Wages, taxes, and expenses

Interest

Equipment

Credit sales collections.

Collected in month of sale: $,35\%$

Collected month after sale: $,60\%$

Never collected: $5\%$

June credit sales.

June credit purchases:

Beginning cash balance:

All credit purchases are paid in the month after the purchase. Complete the cash budget

for BE Products for the next three months $($July$,$ August, September$)$