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Marsha, Inc., has the following budgeted data for 2016: Operating expenses include $20, 100 depreciation for buildings and equipment. All purchase of materials are paid
Marsha, Inc., has the following budgeted data for 2016: Operating expenses include $20, 100 depreciation for buildings and equipment. All purchase of materials are paid for in the period of purchase. The company has recently increased its minimum required cash balance from $15, 100 to $25,000. Required: Compute the amount the company needs to finance or the excess cash available for Marsha to invest. (Cash shortage should be indicated with minus sign.)
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