4,400 in May Enue collected in June 60% 2,640 4,400 40% 1,760 enue collected in June 4,600 x 60% 2,760 5 $ 11,880 $ 11,595 $ 13,250 HealthMart has budgeted expenditures for May of $11,000 and requires a minimum cash balance of $250 at the end of each May 1 of $400. Given your answer to requirement 1, will HealthMart need to borrow cash to cover its payments for May and m $250 at the end of May? ailable for May exceeds the budgeted expenditures for the month; therefore, HealthMart will inimum cash balance of $250 at the end of May. be able to cover its pay - Assume (independently for each situation) that (1) May total revenues might be 10% lower or that (2) total costs might be 5% scenarios, show the total net cash for May and the amount HealthMart would have to borrow to cover its cash payments for M balance of $250 at the end of May. (Again, assume a balance of $400 on May 1.) Ive this Calculator Get more help Clear all Dar 4,400 in May Enue collected in June 60% 2,640 4,400 40% 1,760 enue collected in June 4,600 x 60% 2,760 5 $ 11,880 $ 11,595 $ 13,250 HealthMart has budgeted expenditures for May of $11,000 and requires a minimum cash balance of $250 at the end of each May 1 of $400. Given your answer to requirement 1, will HealthMart need to borrow cash to cover its payments for May and m $250 at the end of May? ailable for May exceeds the budgeted expenditures for the month; therefore, HealthMart will inimum cash balance of $250 at the end of May. be able to cover its pay - Assume (independently for each situation) that (1) May total revenues might be 10% lower or that (2) total costs might be 5% scenarios, show the total net cash for May and the amount HealthMart would have to borrow to cover its cash payments for M balance of $250 at the end of May. (Again, assume a balance of $400 on May 1.) Ive this Calculator Get more help Clear all Dar