write my assignment 291

Icy Treats, Inc., is a seasonal business that sells frozen desserts. At the peak of its summer selling season the firm has $32,200 in cash, $115,000 in inventory, $64,400 in accounts receivable, and $59,800 in accounts payable. During the slow winter period the firm holds $9,200 in cash,$50,600 in inventory, $36,800 in accounts receivable, and $31,050 in accounts payable. Calculate Icy Treats’ minimum and peak funding requirements. 

Icy Treats’ minimum funding requirement is $____________________  round to nearest dollar

Icy Treats peak funding requirement is $____________________ round to nearest dollar

 
"Not answered?"
Get the Answer