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I am working on the forecast for both the Income Statement and the Balance Sheet . To keep the examples simple, we assumed that the
I am working on the forecast for both the Income Statement and the Balance Sheet . To keep the examples simple, we assumed that the cash is not sitting in an interest-bearing bank account. Imagine the cash were in an interest-bearing account, meaning the company would earn interest revenue based on the cash balance. How would this affect your forecast and forecasting process?
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