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Window Washers, Inc. (WWI) has a cash balance at the end of January of $500,000. It predicts the net cash flows, in $1,000s, as shown
Window Washers, Inc. (WWI) has a cash balance at the end of January of $500,000. It predicts the net cash flows, in $1,000s, as shown below. If WWI must keep a minimum cash balance of $300,000, what is the loan balance at the end of June? Please click on the following link to access a blank Excel-type worksheet: Blank XLS Worksheet.xls Click to open: FEB MAR APR MAY JUN JUL $100,000 $250,000 -$300,000 $400.000 $50.000 $300,000 $100,000 $125,000 0 $150,000 $175,000
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