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The following table includes quarterly working capital levels for your firm for the next year. Quarters (5000) Cash 100 100 Accounts Receivable 108 103 Inventory

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The following table includes quarterly working capital levels for your firm for the next year. Quarters (5000) Cash 100 100 Accounts Receivable 108 103 Inventory 208 Accounts Payable 103 100 194 6.09 109 If you want to limit your maximum short-term borrowing to $507,000 and maintain a minimum cash balance of $100,000, how much excess cash must you carry? The excess cash needed is $ (Round to the nearest dollar

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