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Forecasted sales for Outlook Corporation for each of the next four months are as follows:
Month March April May JuneForecast $100,000 250,000 125,000 150,000
Question 1: Outlook generally collects 20% of its sales in cash and collects 80% the following month. Outlook purchases amount to 70% of the current month's sales, and it pays 50% of its purchases during the current month and 50% during the following month. Determine the net cash flows from operations forecasted for each of the four months.
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