If projected net cash flow for January is ($6,500); beginning cash balance is $16,000; minimum cash balance

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If projected net cash flow for January is ($6,500); beginning cash balance is $16,000; minimum cash balance is $5,000; beginning loan balance is $4,500, what will be the cash balance on the proforma cash budget at the end of January?

Related Book For answer-question

Foundations of Financial Management

ISBN: 978-1259024979

10th Canadian edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta

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Posted Date: Apr 04, 2024 04:07 AM

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If projected net cash flow for January is ($6,500); beginning cash balance is $16,000; minimum cash balance

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Heres how to calculate the cash balance at the end of January Cash Flow from Operations The projecte... View the full answer

Foundations of Financial Management

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