If Projected Net Cash Outflow for January Is ($6,500), the Beginning

question 78

Multiple Choice

If projected net cash outflow for January is ($6,500) , the beginning cash balance is $16,000, the minimum cash balance is $5,000, and the 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

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