Sharon Feldman president of Allied Company considers $31000to be a minimum cash

Sharon Feldman president of Allied Company considers $31000to be a minimum cash balance for operating purposes. As can be seenfrom the following statements only $26000 in cash was availableat the end of 2011. Because the company reported a large net incomefor the year and also issued bonds and sold some long-terminvestments the sharp decline in cash is puzzling to Ms.Feldman.