EBK CORPORATE FINANCE
EBK CORPORATE FINANCE
11th Edition
ISBN: 8220102798878
Author: Ross
Publisher: YUZU
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Chapter 26, Problem 1MC
Summary Introduction

To prepare: The cash budget of K manufacturing.

Cash Budget:

Cash budget is prepared to ascertain the amount of cash after a given period of time. Cash budget is a statement that contains the information of cash receipts and cash payments. Closing balance of cash is calculated with the help of cash budget.

Short Term Financial Plan:

The management of every company maintains a plan for short term investment. The short term investment is needed to fulfill the short term financial needs of the company. Every company has different short term financial policy related to the nature and size of the business.

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