Question: please help. answer 1 and 2 please. and how would integrity apply to each Case 7 Bluffton Pharmacy, Part 2 How should the owners of
please help. answer 1 and 2 please. and how would integrity apply to each
Case 7 Bluffton Pharmacy, Part 2 How should the owners of a small of goods sold is 77.4 percent, and vendors grant "net 30 pharmacy create a cash flow forecast credit terms, which means the pharmacy pays for the goods for their business? it purchases every month in the following month. Crawford and Rodriguez have been working with their accountant to It has been a litle more than two years since Angela Craw. develop estimates for their expenses for the upcoming year (see the accompanying table on page 783) ford and Martin Rodriguez purchased the Bluffon Pharmacy from Frank White, the previous owner and founder, who had December, were $272,357 and 5315458. The company's Actual sales for the last two months, November and started the pharmacy in 1969. Although Crawford and Ro cash balance as of January 1 is 574473. The interest rate driguez have prepared budgets for Bluffton Pharmacy and have analyzed their financial statements using ratio analysis, whatever the pharmacy borrows must be repaid the follow on Bluthon Pharmacy's current line of credit is 8 255, and they have not created a cash flow forecast. During a recent ing month (with interest), even if it must borrow again in the meeting their banker explained the importance of reliable month. The entrepreneurs have established a minimum cash cash flow forecasts, telling them that banks traditionally balance of 515,000 are cash flow lenders." Bankens appreciate strong balance sheets and income statements, but they are most interested in a company's cash flow because they know that positive cash Questions flow is required to repay a loan I. Develop a monthly cash budget for Buffon Pharmacy Crawford and Kodriguez expect sales to increase for the upcoming year 4.5 percent next year, to $2,504,368. Credit sales account 2. What recommendations can you offer Angela Crawford for 79 percent of total sales, and the company collection and Martin Rodriguez to improve their pharmacy pattern for credit sales is 11 percent in the same month in cash flow" which the sale is generated, 63.5 percent in the fint month 3. If you were Blotton Pharmacy's banker, would you be after the sale is generated, and 22 percent in the second comfortable extending a line of credit to the pharmacy month after the sale is generated. The pharmacy's cost Explain
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