Calculate icy treats minimum and peak funding requirements

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Icy Treats, Inc. is a seasonal business that sells frozen desserts. At the peak of its summer selling season the firm has 33880 in cash, 121000 in inventory, 67,760 in accountsrecievable, and 62,920 in accounts payable. During the slow winter period the firm hol's $9,680 in cash, $53,240 in inventory, $38,720 in accounts recievable, and $32,670 in accounts payable. Calculate Icy Treats' minimum and peak funding requirements. What is Icy Treats' minimum funding requirement?

Reference no: EM13266369

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