Question 7 Annual Operating Loan Quarter 1 Beginning Cash Balance 3,000 + Net Cash Flow -13,530 + Operating Loan Borrowing [1] Operating Loan Payment [2] [3] = Ending Cash Balance 25,000 Beginning Operating Loan Balance Ending Operating Loan Balance [4] Required Minimum Account Balance: $2,500 Do not include commas or dollar signs
Question 7 Annual Operating Loan Quarter 1 Beginning Cash Balance 3,000 + Net Cash Flow -13,530 + Operating Loan Borrowing [1] Operating Loan Payment [2] [3] = Ending Cash Balance 25,000 Beginning Operating Loan Balance Ending Operating Loan Balance [4] Required Minimum Account Balance: $2,500 Do not include commas or dollar signs
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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