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  1. business
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  3. only the areas in blue will be graded \table[[,\t

Only the areas in BLUE will be graded \table[[,\table[[% where],[applicable]],March,April,May,June,July],[ales],[ash sales],[ag 1 month],[ag 2...

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Accounting

Only the areas in BLUE will be graded
\table[[,\table[[% where],[applicable]],March,April,May,June,July],[ales],[ash sales],[ag 1 month],[ag 2 months],[ther income],[Total cash receipts],[,,,,,,],[isbursements],[urchases],[ent],[Vages and salaries],[ividends],[rincipal and interest],[urchase of new equipment],[axes due],[Total cash disbursements],[,,,,,,],[et cash flow],[dd: Beginning cash],[nding cash],[linimum cash],[equired total financing (notes payable)],[xcess cash balance (marketable securities),,,,,,]]
1(b)
If the firm were to request a line of credit to cover needed financing for the period May, June and July, how large would this line have to be? Explain your answer
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