Sales are expected to grove at a month 50% of sales are COD (cash check on deliv
ID: 2387663 • Letter: S
Question
Sales are expected to grove at a month 50% of sales are COD (cash check on delivery) 50% of sales are during the 1st Month following the sale Manpower and fixed costs are 25% of sales Inventory purchases are 40% of the following month's sales Loan (including interest) repayments of $10,000 Question: Will your company need additional financing to cover the jumbo loan payment in April? Yes/No? you must show your work on the provided below to get , some formulas have been provided make sure ALL THE BLANKS ARE FILLED INExplanation / Answer
Can't really make it whats written....