If Projected Net Cash Flow for January Is ($6,500); Beginning

question 74

Multiple Choice

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 pro forma cash budget at the end of January?

• A) $5,000
• B) $10,000
• C) $12,000
• D) $4,500