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Chapter 4 presents the concept of projected income statements, cash budgets and projected balance sheets. Discuss the purpose of each of these statements and how

Chapter 4 presents the concept of "projected" income statements, cash budgets and "projected" balance sheets. Discuss the purpose of each of these statements and how the financial manager can use these documents to make financial decisions. Also, discuss how other parties might use this information as it relates to the firm.

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