Sarah has decided she needs to look for external finance to ensure the company is solvent for

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Sarah has decided she needs to look for external finance to ensure the company is solvent for the first 6 months. How much cash does the business need to borrow to ensure there is no cash deficit in any month?

(a) £18,000

(b) £6,150

(c) £5,100

(d) £4,800

(e) £3,700

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Business Accounting An Introduction To Financial And Management Accounting

ISBN: 9780230276239

2nd Edition

Authors: Jill Collis, Roger Hussey, Andrew Holt, Holt Collis, J. Collis

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