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Najaf Textiles Ltd, a textile manufacturing company, is preparing its cash budget for the month of August 2024. With projected cash receipts of IQD 80,000,000

Najaf Textiles Ltd, a textile manufacturing company, is preparing its cash budget for the month of August 2024. With projected cash receipts of IQD 80,000,000 and cash disbursements of IQD 70,000,000, the company aims to maintain a desired ending cash balance of IQD 50,000,000. Outline the steps Najaf Textiles Ltd should take to manage its cash inflows and outflows effectively, ensuring adequate liquidity to support its operational activities.

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