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The following table includes quarterly working capital levels for your firm for the next year. Quarters ($000) 1 2 Cash 96 96 96 96 Accounts

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The following table includes quarterly working capital levels for your firm for the next year. Quarters ($000) 1 2 Cash 96 96 96 96 Accounts Receivable 207 94 110 596 Inventory Accounts Payable 210 490 900 42 101 91 96 91 If you hold only $96,000 in cash at any time, what is your maximum short-term borrowing and when? On: Calculate the short-term financing needs below: (Round to the nearest integer.) ($000) Q1 Q2 Q3 Q4 Short-term financing needs $ $ $ $ Select the best choice below.) OA. The maximum short-term borrowing is $598,000 during Q4. B. The maximum short-term borrowing is $598,000 during Q2. O C. The maximum short-term borrowing is $598,000 during Q1. Enter any number in the edit fields and then continue to the next question. Pelct the best choice below.) O A. The maximum short-term borrowing is $598,000 during Q4 O B. The maximum short-term borrowing is $598,000 during Q2. O C. The maximum short-term borrowing is $598,000 during Q1 O D. The maximum short-term borrowing is $598,000 during Q3

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