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Icy Treats, Inc., is a seasonal business that sells frozen desserts.
Icy Treats, Inc., is a seasonal business that sells frozen desserts. At the peak of its summer selling season the firm has $32,200 in cash, $115,000 in inventory, $64,400 in accounts receivable, and $59,800 in accounts payable. During the slow winter period the firm holds $9,200 in cash,$50,600 in inventory, $36,800 in accounts receivable, and $31,050 in accounts payable. Calculate Icy Treats' minimum and peak funding requirements.
Icy Treats' minimum funding requirement is $____________________ round to nearest dollar
Icy Treats peak funding requirement is $____________________ round to nearest dollar
