A firm has $100,000 (A1) cash balance at the beginning of 2017. In 2017, the expected total collections is $600,000(A2), total disbursements are $750,000 (A3). If we assume the required minimum cash balance is $150,000(A4). What's the unadjusted ending balance at the end of 2017? _____

what's the anticipated amount of short-term borrowings in 2017? _____

-$50,000

$50,000

$100,000

$200,000

which of the following IF statements correctly describe the required amount of short-term borrowing in 2017 in order to bring the ending cash balance to the required minimum cash balance level? _____

		IF((A1+A2-A3) < A4, 0, A4 - (A1+A2-A3))
		IF((A1+A2-A3) > A4, 0, A4 - (A1+A2-A3))
		IF((A1+A2-A3) > A4, A4 + (A1+A2-A3), 0)
		IF((A1+A2-A3) < A4, A4, A1+A2-A3)