Cash, Inc. sells numerous office supply products through a national distribution center. The company has focused on maintaining a cash balance equivalent to approximately 14 days of sales. Sales in 2005 amounted to $125,980,673 and the company expects growth in 2006 of 11% and in 2007 of 15%. Given this information determine Cash, Inc.'s projected year-end cash balance for 2006 and 2007.

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The Answer of Cash, Inc. sells numerous office supply products through a national distribution center. The company has focused on maintaining a cash balance equivalent to approximately 14 days of sales. Sales in 2005 amounted to $125,980,673 and the company expects growth in 2006 of 11% and in 2007 of 15%. Given this information determine Cash, Inc.'s projected year-end cash balance for 2006 and 2007.

Cash, Inc Sells Numerous Office Supply Products Through a National Distribution