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about question 1 &2 and fill in table... thanks Table 3: Pro-Forma Cash Flow Budget Item Initial Cash Balance Mar Jan S1.000 Feb Cash Inflow
about question 1 &2 and fill in table... thanks
Table 3: Pro-Forma Cash Flow Budget Item Initial Cash Balance Mar Jan S1.000 Feb Cash Inflow Total cash available S2500 Cash Outflow Net Cash Need Borrowings End Cash Balance Cumulative borrowings $1.000 ST.000 $4.000 $1.000 55.000 30 cash inflow from table 2 and ease (Hint: These three tables are consistent. You are able to outflow from table 3) Based on the above Pro-Forma Cash Flow Budget, answer the following questions: (1) Does the business need to borrow money? If yes, how much money needs to be borrowed? (2) When does the money need to be borrowed? When will the loan be repaid? Table 3: Pro-Forma Cash Flow Budget Item Initial Cash Balance Mar Jan S1.000 Feb Cash Inflow Total cash available S2500 Cash Outflow Net Cash Need Borrowings End Cash Balance Cumulative borrowings $1.000 ST.000 $4.000 $1.000 55.000 30 cash inflow from table 2 and ease (Hint: These three tables are consistent. You are able to outflow from table 3) Based on the above Pro-Forma Cash Flow Budget, answer the following questions: (1) Does the business need to borrow money? If yes, how much money needs to be borrowed? (2) When does the money need to be borrowed? When will the loan be repaidStep by Step Solution
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