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The company's beginning cash balance...

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Accounting

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The company's beginning cash balance for the upcoming fiscol year wit be \$75,000. The company requires a minimum cash balance of $25,000 and may borrow any amount needed from a local bank at a quarterfy inferest rate of 3%. The company may borrow amy amcunt at the beginning of any quarter and may repay its loans, or any part of its loans, at the end of any quarter. Interest payments are due on any principal at the time it is repaid. For simplicity, assume that interest is not compounded. Dont use "s" or": use " ( " lor negatives and cash payments. Be mindtul of letters when fling in answers. Don't leave any answer blank: If no ramber should be induded entor 0. Pregare the compary's cash budget for the upceming fiscely yeae

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