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How does having a good cash budget help a company that anticipates a short-term cash deficiency a few months into the future? Select an answer:
How does having a good cash budget help a company that anticipates a short-term cash deficiency a few months into the future? Select an answer: It will be easier for the company to get a bank loan if it waits until the cash is needed. The company would be able to plan on paying obligations sooner and pushing collections into the future. It will be easier for the company to get a bank loan in advance of when the cash is needed. The company can slow sales and focus on cash collections
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