| Precision Machines | |||||||||
| Student Note: Fill in the light yellow cells | |||||||||
| Data: | |||||||||
| November | December | January | February | March | April | May | June | ||
| Annual Cost of borrowing | 10.00% | ||||||||
| Minimum Cash Balance | $5,000.00 | ||||||||
| Beginning Cash Balance | $7,500.00 | ||||||||
| Revenues (Sales) | $40,000.00 | $50,000.00 | $48,000.00 | $55,000.00 | $35,000.00 | $50,000.00 | $65,000.00 | $40,000.00 | |
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