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1 Discuss the statement that businesses usually prepare to plan their cash flows. 2 Explain how businesses should make judicious use of bank overdraft and

1 Discuss the statement that businesses usually prepare to plan their cash flows.

2 Explain how businesses should make judicious use of bank overdraft and deposit accounts in their management of cash.

3 What is the danger of extending accounts payable?

4Suggest two ways of speeding up the collection of overdue accounts.

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