Only the areas in BLUE will be graded
tabletable whereapplicableMarch,April,May,June,Julyalesash salesag monthag monthsther incomeTotal cash receiptsisbursementsurchasesentVages and salariesividendsrincipal and interesturchase of new equipmentaxes dueTotal cash disbursementset cash flowdd: Beginning cashnding cashlinimum cashequired total financing notes payablexcess cash balance marketable securities
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
