The primary purpose of the cash budget is to forecast income.
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Q17: The longer the financial forecast (i.e. 5
Q18: Pro forma income statements and balance sheets
Q19: It is helpful to break down the
Q20: Pro forma statements are generally prepared six
Q21: An increase in sales accompanied by an
Q23: The primary purpose of the cash budget
Q24: Companies generally prefer to maintain some minimum
Q25: Required new funds shows that the firms
Q26: An increase in accounts receivable and/or a
Q27: The balance sheet represents declining changes in
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