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?

Question

Quizplus · Accepted Answer

Beginning cash balance + Projected net cash flow - Minimum cash balance = Ending cash balance$16,000 + (-$6,500) - $5,000 = $4,500

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