Reference no: EM132740624
Here are a new company's Revenues and Expenses for its first six months of operations:
Month 1: Revenues: $9,000 Expenses: $18,000
Month 2: Revenues: $12,000 Expenses: $18,000
Month 3: Revenues $21,000 Expenses: $18,000
Month 4: Revenues: $24,000 Expenses: $28,000
Month 5: Revenues: $29,000 Expenses: $28,000
Month 6: Revenues: $36,000 Expenses: $31,000
Problem 1: Show the company's cash surplus or shortfall for each of the six months, as well as a running total.
Problem 2: What is the company's maximum working capital requirement? In other words, what is the amount that needs to be added to start-up costs to cover anticipated cash shortfalls? This should be the largest negative number in the running total.
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