Assume that your initial forecast of a balance sheet yields a negative cash balance. a. What does
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Assume that your initial forecast of a balance sheet yields a negative cash balance.
a. What does a forecasted negative cash balance imply?
b. Given a negative cash balance, what would be your next step in forecasting the balance sheet? Explain.
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Related Book For
Financial Accounting For MBAs
ISBN: 9781934319345
4th Edition
Authors: Peter D. Easton, John J. Wild, Robert F. Halsey, Mary Lea McAnally
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