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A consulting firm prepares a cash budget: Expected revenues $500,000, variable costs $250,000, fixed costs $100,000, expected cash collections $450,000. Requirements: Prepare a cash budget
A consulting firm prepares a cash budget: Expected revenues $500,000, variable costs $250,000, fixed costs $100,000, expected cash collections $450,000.
- Requirements:
- Prepare a cash budget including cash receipts and cash disbursements.
- Calculate the ending cash balance for the budget period.
- Analyze the firm's liquidity position based on the cash budget.
- Recommend strategies to improve cash flow management.
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Financial Management for Public Health and Not for Profit Organizations
Authors: Steven A. Finkler, Thad Calabrese
4th edition
978-0132805667
