Question: just answer question number 2 Table 3: Pro-Forma Cash Flow Budget Item Initial Cash Balance Jan $1,000 Feb S1000 Mar S1000 Apr S1000 Cash Inflow

just answer question number 2 just answer question number 2 Table 3: Pro-Forma Cash Flow Budget Item

Table 3: Pro-Forma Cash Flow Budget Item Initial Cash Balance Jan $1,000 Feb S1000 Mar S1000 Apr S1000 Cash Inflow Total cash available Cash Outflow Net Cash Need Borrowings End Cash Balance $1,000 $1,000 $1.000 $4,000 Cumulative borrowings (Hint: These three tables are consistent. You are able to get cash inflow from fable 2 and cash outflow from table 3) Based on the above Pro-Forma Cash Flow Budget, answer the following two questions: (1) Does the business need to borrow money? If yes, how much money needs to be borrowed? (2) When does the money need to be borrowed? When will the loan be repaid

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