a$-2.$ What is the net cosh cost for the year under this target cosh bslance? $($A negative answer should be Indicated by a minus sign. Enter your answer in millions. Do not round Intermedlate calculations and round your answer to $2$ decimal places, e$.$g$.32\mathrm{.}16.)$

Net cash cost

b$-1.$ Complete the following short$-$term financial plan assuming that Wildcat maintains a minimum cash balance of $$20$ million. $($Enter your answers In millions. Negative amounts should be Indicated by a minus sign. Leave no cells blank $-$ be certaln to enter $"0"$ wherever required. Do not round Intermedlate calculations and round your answers to $2$ decimal places, e$.$g$.,3216.)$

b$-2.$ What is the net cash cost for the year under this target cash balance? $($Enter your answer In millions. Do not round Intermedlate calculations and round your answer to $2$ decimal places, e$.$g$..3216.)$

Net cash costWildcat$,$ Incorporated, has estimated sales $($in millions$)$ for the next four quarters as

follows:

Sales for the first quarter of the following year are projected at $$210$ million. Accounts

receivable at the beginning of the year were $$83$ million. Wildcat has a $45-$day collection

period.

Wildcat's purchases from suppliers in a quarter are equal to $50$ percent of the next

quarter's forecast sales, and suppliers are normally paid in $36$ days. Wages, taxes, and

other expenses run about $20$ percent of sales. Interest and dividends are $$18$ million per

quarter.

Wildcat plans a major capital outlay in the second quarter of $$98$ million. Finally, the

company started the year with a $$84$ million cash balance and wishes to maintain a $$40$

million minimum balance.

a$-1.$ Assume that Wildcat can borrow any needed funds on a short$-$term basis at a rate of

$3$ percent per quarter and can invest any excess funds in short$-$term marketable

securities ot a rate of $2$ percent per quarter. Complete the following short$-$term

financial plan for Wildcat. $($Enter your answers in millions. Negative amounts

should be Indicated by a minus sign. Leave no cells blank $-$ be certain to enter $"0"$

wherever required. Do not round Intermedlate calculations and round your

answers to $2$ decimal places, e$.$g$..3216.)$