Question
Here are a new company's Revenues and Expenses for its first six months of operations:Month 1:Revenues: $9,000Expenses:$18,000 Month 2:Revenues: $12,000Expenses:$18,000 Month 3: Revenues $21,000Expenses: $18,000
Here are a new company's Revenues and Expenses for its first six months of operations:Month 1:Revenues: $9,000Expenses:$18,000
Month 2:Revenues: $12,000Expenses:$18,000
Month 3: Revenues $21,000Expenses: $18,000
Month 4: Revenues: $24,000Expenses: $28,000
Month 5: Revenues: $29,000Expenses: $28,000
Month 6: Revenues: $36,000Expenses: $31,000
Please show the company's cash surplus or shortfall for each of the six months, as well as a running total.
What is the company's maximum working capital requirement?In other words, what is the amount that needs to be added to start-up costs to cover anticipated cash shortfalls?This should be the largest negative number in the running total.
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