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  • Sep 25, 2007, 11:39 AM
    tatayloe
    Cash Budgeting
    Explain how a fixed cash budget differs from a variable or flexible cash budget

    What two basic needs does a flexible (variable) cash budget serve

    What world be the probable effect on a firm's cash position of the following events
    a) Rapidly rising sales
    b) A delay in the payment of accounts payable
    c) A more liberal credit policy on sales (to the firm's customers)
    d) Holding larger inventories
  • Sep 28, 2007, 07:10 PM
    dontcheatccp
    I think you should read your principles and applications Financial Management book by Arthur Keown that I assigned! Do not refer to cheating on the internet. Cheaters never prosper (at least not with my grades)

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