Consider a company with sales that are equal to $160 million in the first quarter and grow at a rate of 15% per quarter in quarters 2, 3, 4.The company's profit margin is 9%. Inventory must be in place one quarter before the goods are sold. All goods are paid in cash.

The company's cash flow in the first quarter is?

Answer rating: 100% (QA)

To calculate the companys cash flow for the first quarter we need to consider the sales profit and c... View the full answer