Firm need to borrow to have zero cumulative surplus

Assignment Help Financial Management

Reference no: EM132053517

Your firm has a net cash inflow for the quarter of $-46. The beginning cash balance is $15. Company policy is to maintain a minimum cash balance of $4 and borrow only the amount that is necessary to maintain that balance. How much does your firm need to borrow to have a zero cumulative surplus? (Round answer to 0 decimal places, do not round intermediate calculations)

Reference no: EM132053517

Questions Cloud

Reasons that the united states did not return to depression : What were the reasons that the United States did not return to depression times.

What is amount of annual interest tax shield : What is the amount of the annual interest tax shield if the tax rate is 33%?

How does this artifact interact with you in personal lives : IDS 404: What theoretical framework from Chapter 2 frames or constructs your reading of this artifact through the humanities lens?

Free entry characteristics : 1) A monopolistically competitive firm has the free entry characteristics of

Firm need to borrow to have zero cumulative surplus : How much does your firm need to borrow to have a zero cumulative surplus?

How do you expect to assess the value of doctoral degree : Changes in your role. How do you expect to assess the value of your doctoral degree? Look ahead 8-10 years into the future and describe the ways.

What is the length of cash cycle : What is the length of the cash cycle?

Comprise a code of ethics for information professional : What constitutes a set of guidelines that will comprise a code of ethics for information professional?

What are the main concerns for securing the mobile device : What are the main concerns for securing the mobile device and steps you would follow to meet search and seizure requirements to ensure data is not compromised

User Account

All Pages