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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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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