Wildcat plans a major capital outlay in the second quarter of $$99$ million. Finally, the

company started the year with a $$78$ million cash balance and wishes to maintaln a $$40$

million min$$mum balance.

a$-1.$ Assume that Wildcat can borrow any needed funds on a short$-$t Wildcat. $($Leave no cells blank $-$ be certaln to enter $"0"$ wherever

required. A negative answer should be Indlcated by a minus sign. Do not round

Intermedlate calculations and enter your answers In millilons, rounded to $2$

decimal places, e$.$g$.,32\mathrm{.}16.)$

a$-2.$ What is the net cash cost $($total interest paid minus total investment income earned$)$ for the year under this target cash balance? $($A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter

b$-1.$ Complete the following short$-$term financial plan assuming that Wildcat maintains a minimum cash balance of $$20$ million. $($Leave no cells blank $-$ be certain to enter $"0"$ wherever required. A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answers in millions, rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

WILDCAT, INC.

Short$-$Term Financial Plan

$($in millions$)$

Q$1$ Q$2$ Q$3$ Q$4$

Minimum cash balance $$20\mathrm{.}00$ $$20\mathrm{.}00$ $$20\mathrm{.}00$ $$20\mathrm{.}00$

Net cash inflow

New short$-$term investments $0$

Income from short$-$term investments

Short$-$term investments sold $000$

New short$-$term borrowing $0000$

Interest on short$-$term borrowing $0000$

Short$-$term borrowing repaid $0000$

Ending cash balance $$20\mathrm{.}00$ $$20\mathrm{.}00$ $$20\mathrm{.}00$ $$20\mathrm{.}00$

Minimum cash balance $-20\mathrm{.}00-20\mathrm{.}00-20\mathrm{.}00-20\mathrm{.}00$

Cumulative surplus $($deficit$)$ $$0$ $$0$ $$0$ $$0$

Beginning short$-$term investments

Ending short$-$term investments

Beginning short$-$term debt $$0$ $$0$ $$0$ $$0$

Ending short$-$term debt $$0$ $$0$ $$0$ $$0$