Question: Candy Canes Incorporated spends $ 1 0 9 , 0 0 0 to buy sugar and peppermint in April. It produces its candy and sells
Candy Canes Incorporated spends $ to buy sugar and peppermint in April. It produces its candy and sells it to distributors in May for $ but it does not receive payment until June. Assume that sales in April and June are zero. For each month, find the firms sales, net income, and net cash flow, and fill in the following table.
Note: Leave no cells blank be certain to enter wherever required. Negative amounts should be indicated by a minus sign.
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