AGEMENT 1-1193 - 2 courses / PRINCIPLES OF FINANCIAL MANAGEMENT 1-1193-2 / Chapter 4: Cash Flow Statement / Chapter 4 QUE Answer The Following 1. In October, a firm had an ending cash balance of $35.000. In November, the firm had a net cash flow of $40,000. The minimum cath balance required by the firm is $25.000. At the end of November, the firm had Choose 3. A firm has actual sales in November of $1.000 and projected sales in December and January of $3.000 and $4.000 respectively. The firm makes 10 percent of its sales for cash, colects 40 percent of its sales one month following the sale and collects the balance two months following the sale. The firm's total cash receipts in November Choose 2. in April, a firm had an ending cash balance of $35.000. in May, the firm had total cash receipts of $40.000 and total cash disbursements of $50,000. The minimum cash balance required by the firm is $25.000. At the end of May, the firm had Choose Jump to: 1 here to search