5 (a) If the cash budget reveals that a firm is expected to have excess cash available...
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5
(a) If the cash budget reveals that a firm is expected to have excess cash available for a number of months during the budget period, what investment opportunities are open to it? What criteria should be used to select suitable investments?
(b) Should the cash budget reveal an expected cash deficit over a number of months, what would be the appropriate sources of financing?
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