MonthJFMAMJJASONDNet ...

[charchew]

Month

J

F

M

A

M

J

J

A

S

O

N

D

Net Income

8

5

6

6

6

6

6

6

6

42

20

7

Depreciation

2

2

1

2

2

1

2

2

2

2

2

2

Capital Expenditures

1

0

0

1

2

1

2

4

5

2

0

0

Accounts Receivable

16

2

3

2

1

1

2

1

3

18

22

12

Inventory

3

2

2

2

2

2

3

4

8

16

5

2

Accounts Payable

3

3

3

3

3

3

3

3

3

3

3

3

DressUp! is a clothing retailer specializing in costumery. The financial forecast for a year are shown in the table above. All figures are in thousands of dollars. During which of the following months are the firm's working capital needs the greatest?
◦ October
◦ June
◦ April
◦ September

[brittrenee]

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[charchew]

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