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Chapter A firm makes monthly cash forecasts and distributes these forecasts to a daily basis. For the upcoming month, anticipated cash inflow are $1,000,000. Each of the first two weeks has five working days Twenty percent of the month's total cash receipts are expected to be received during the first week and 28 percent are expected to be received during the second week. Within each week, receipt are expected to be received as follows: Day Proportion Monday 0.20 Tuesday 0.23 Wednesday 0.07 Thursday Friday 0.20 0.30 The firm writes checks on Tuesday for the entire week's expenses except for taxes. Ten percent of these checks are cashed on Tues day, 5 percent on Wednesday, 60 percent on Thursday, and the remainder on Friday. Checks totaling $250,000 are to be writter on Tuesday of the first week, and checks totaling $200,000 are be written on Tuesday of the second week. A tax payment in the amount of $100,000 will be made on Wednesday of the second week via wire transfer. Beginning cash is $50.000; this is also the desired cash at all times during the first two weeks of the month Generate the distributed daily cash forecast for the first two weeks of the upcoming month. . Chapter A firm makes monthly cash forecasts and distributes these forecasts to a daily basis. For the upcoming month, anticipated cash inflow are $1,000,000. Each of the first two weeks has five working days Twenty percent of the month's total cash receipts are expected to be received during the first week and 28 percent are expected to be received during the second week. Within each week, receipt are expected to be received as follows: Day Proportion Monday 0.20 Tuesday 0.23 Wednesday 0.07 Thursday Friday 0.20 0.30 The firm writes checks on Tuesday for the entire week's expenses except for taxes. Ten percent of these checks are cashed on Tues day, 5 percent on Wednesday, 60 percent on Thursday, and the remainder on Friday. Checks totaling $250,000 are to be writter on Tuesday of the first week, and checks totaling $200,000 are be written on Tuesday of the second week. A tax payment in the amount of $100,000 will be made on Wednesday of the second week via wire transfer. Beginning cash is $50.000; this is also the desired cash at all times during the first two weeks of the month Generate the distributed daily cash forecast for the first two weeks of the upcoming month

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