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Sarah Is the Founder of a Small Business

Question 47

Multiple Choice

Sarah is the founder of a small business.At the start of the business year, she makes a list of all the possible expenses that the business might incur over the following year.She totals the expenses and spreads out the expenses evenly across the following 12 months.In this context of cash flow analysis, Sarah is determining the ________ for her business.


A) budget
B) cash flow statement
C) profit margins
D) equity

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