Part 1: How is a cash budget used to manage current assets? Provide a numerical...
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Accounting
Part 1: How is a cash budget used to manage current assets? Provide a numerical example.
Part 2: What are the risk-return decisions that you as a financial manager must consider? Coin your response in terms of the balance between long- and short-term financing and financial structure. Comment on aspects of the cash account balance and the liquidity of short term assets including inventory. How is a cash budget used to manage current assets? Provide examples.
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