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(solution) kindly help in the following one simple question...please do this


kindly help in the following one simple question...please do this and i will have the other questions done by you tommorow if you will be available. please get it right'''''''''''''''''''''''''''''''''''''''''''''''''''''

Question Grow Master Products, a rapidly growing distributor of home gardening equipment, is formulating its plans for the coming year. Carol Jones, the firm?s marketing director, has completed the following sales forecast.

Month

Sales

Month

Sales

January

$909,000

July

$1,506,100

February

$1,006,600

August

$1,506,100

March

$909,000

September

$1,609,500

April

$1,152,600

October

$1,609,500

May

$1,257,100

November

$1,506,100

June

$1,405,000

December

$1,708,200


Phillip Smith, an accountant in the Planning and Budgeting Department, is responsible for preparing the cash flow projection. He has gathered the following information.


Month

 

January February March

 

April

 

May

 

June

 

July

 

August

 

Sales

 

909,000 1,006,600 909,000 1,152,600 1,257,100 1,405,000 1,506,100 1,506,100

 

COGS 60% 545400 603,960 545400 691560 754260 843,000...

 


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DATE ANSWERED

Sep 13, 2020

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