Card Sharks, Inc. Card Sharks, Inc.sells Baseball Cards and Other Memorabilia.The Company Tries

Multiple Choice

Card Sharks, Inc.
Card Sharks, Inc.sells baseball cards and other memorabilia.The company tries to maintain a cash balance equivalent to approximately 30 days of sales.Sales in 2011 amounted to $352,412 and the company expects growth in 2012 of 30% and in 2013 of 35%.
-Given the information provided about Card Sharks,what is the company's 2012 projected year-end cash balance?

A) $966
B) $50,820
C) $15,623
D) $38,524