< > McGraw Hill Connect Ch 18 Assignment i M Question 8 - Ch 18 Assignment - Connect ezto.mheducation.com Saved Course Hero G Wildcat, Incorporated, has estimated sales (in millions)... Help Save & Exit Submit Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. 8 answers to 2 decimal places, e.g., 32.16.) 1 points Mc Graw Hill Answer is not complete. WILDCAT, INCORPORATED Short-Term Financial Plan (in millions) Q1 Q2 Q3 Q4 Target cash balance $ 40.00 $ Net cash inflow 20.00 40.00 -67.50 $ 40.00 $ 40.00 33.50 63.00 New short-term investments 20.88 0.00 Income on short-term investments 0.88 0.64 Short-term investments sold 0.00 65.79 X 0.00 New short-term borrowing 0.00 0.00 0.00 0.00 Interest on short-term borrowing 0.00 0.00 0.04 0.00 Short-term borrowing repaid 0.00 0.00 1.32 x 0.00 Ending cash balance $ 40.00 $ 40.00 $ 40.00 $ 40.00 Minimum cash balance -40.00 -40.00 -40.00 -40.00 Cumulative surplus (deficit) $ 0.00 $ 0.00 $ 0.00 $ 0.00 Beginning short-term investments $ 44.00 Ending short-term investments $ 64.88 Beginning short-term debt $ 0.00 $ 0.00 $ 1.32 $ 0.00 Ending short-term debt $ 0.00 $ 1.32 $ 0.00 $ 0.00 < Prev 8 of 9 Next > Return to question