Note: The company desires a minimum ending cash balance each month on $35,000. The beard...
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Note: The company desires a minimum ending cash balance each month on $35,000. The beard grooming products are sold to retailers for $20 each and the sales have been stagnant due to the Covid-19. However, the marketing department has been positive toward the end of the year due to season change and upcoming holiday. The marketing department has just sent you their forecasted quarter sales and marketing budget. Quarter 2020 Q4 2021 Q1 2021 Q2 2021 Q3 2021 Q4 2022 Q1 Sales in Unit 30,000 35,000 40,000 65000 68000 70,000 Marketing Expenses $35,000 $20,000 $20,000 $45,000 $45,000 $45,000
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