What is the cash outflow for april

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Suppose that the Sales in December 2019 were 125,671. The sales are expected to grow by 8% in January 2020, by 5% in February 2020, and by 13% in March 2020. After that, the sales are expected to grow by 7%.

The purchases are 25% of sales. The purchases will be paid in the same month. The general administrative expenses are $16,524 and will be paid in the same month. The depreciation expense is $5,299 per month. The interest expenses are $5,459 per quarter and will be paid in March, June, September, and December.

What is the cash outflow for April, 2020?

Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box.

Reference no: EM132459345

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