beginning cash balance of $380 on March 1. the firm has projected sales of $550 in february, $700 in march, and $800 in april. the cost of goods sold is equal to 75%. goods are purchased one month prior to the month of sale. the accounts payable period is 30 days and the accounts receivable period is 15 days. the firm has a monthly cash expenses of $200. what is the projected ending cash balance at the end of March? assume that every month has 30 days
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