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Unit VII Discussion Board

How do you think a cash budget could help a firm to manage its current assets in a more efficient manner? Does it impact working capital? Why, or why not?

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The cash budget is an estimation based on expected cash flows and is prepared on a monthly basis. The cash budget looks at information such as forecasted sales, receivable receipts, and amounts due by other creditors. “The cash budget assists companies in forecasting cash flows and the possible need for additional 

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