Karim Corp requires a minimum $9,000 cash balance If necessary. loans are taken to meet this ree per month (paid monthly) Any excess cash is used to repay loans company has no outstanding loans. Forecasted cash receipts (other than for loans received) and forecasted cash at month-end. The cash balance on July 1 is $9,400 and the for loan or interest payments) follow 2 012651 Cash receipts 29,56031,90 33,808