"We really need to get this new material-handling equipment in operation just after the new...
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We really need to get this new materialhandling equipment in operation just after the new year begins. I hope we can finance it largely with cash and marketable securities but if necessary we can get a shortterm loan down at MetroBank." This statement by Beth DaviesLowry, president of Intercoastal Electronics Company, concluded a meeting she had called with the firm's top management. Intercoastal is a small, rapidly growing wholesaler of consumer electronic products. The firm's main product lines are small kitchen appliances and power tools. Marcia Polosky, Intercoastal's General Manager of Marketing, has recently completed a sales forecast. She believes the company's sales during the first quarter of times will increase by percent each month over the previous month's sales. Then Polosky expects sales to remain constant for several months. Intercoastal's projected balance sheet as of December x is as follows: 
We really need to get this new materialhandling equipment in operation just after the new year begins. I hope we can finance it largely with cash and marketable securities but if necessary we can get a shortterm loan down at MetroBank." This statement by Beth DaviesLowry, president of Intercoastal Electronics Company, concluded a meeting she had called with the firm's top management. Intercoastal is a small, rapidly growing wholesaler of consumer electronic products. The firm's main product lines are small kitchen appliances and power tools. Marcia Polosky, Intercoastal's General Manager of Marketing, has recently completed a sales forecast. She believes the company's sales during the first quarter of times will increase by percent each month over the previous month's sales. Then Polosky expects sales to remain constant for several months. Intercoastal's projected balance sheet as of December x is as follows:
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