Question: A cash budget, by quarters, is given below ( 0 0 0 omitted ) . The company requires a minimum cash balance of at least

A cash budget, by quarters, is given below (000 omitted). The

A cash budget, by quarters, is given below

(000

omitted

) .

The company requires a minimum cash balance of at least $

5, 000

to start each quarter. Interest paid will total $

1, 000

for the year. Assume that if the company has a loan and cash above the minimum cash balance it will repay the maximum amount without going below the minimum cash balance.

Fill in the missing amounts in the following table. Enter

0

for any amounts that are zero.

company requires a minimum cash balance of at least $5,000 to start

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