مرحبا ادا احد ممكن احد يجاوب على هاالسؤال
A company has $10,000 in mechandise inventory on March 31.
The desired cash and merchandise inventory balance on June 30 are $20,000 $25,000,respectively.
Sales for the quarter are expected to be $300,00 all in cash.
Gross margin is 40% of sales.
Cash operating expenses are expected to be $50,000.
All merchandise inventory purchases are paid for in cash at the time of purchase.
What amount of financing will the company needs during the quarter?