If projected net cash flow for November is ($10,000); beginning cash balance is $4,000; minimum cash balance is $3,000; beginning loan balance is $8,000, what will be the cumulative loan balance at the end of November?

Question

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The projected net cash flow is negative $10,000, and the beginning cash balance is $4,000, resulting in a shortfall of $6,000. To maintain the minimum cash balance of $3,000, an additional $3,000 is needed, totaling a loan requirement of $9,000. Adding this to the beginning loan balance of $8,000 results in a cumulative loan balance of $17,000.

If Projected Net Cash Flow for November Is ($10,000); Beginning