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need help with the answers marked with an X Adjust the Cash Balance We obtain the following 2020 forecasts of selected financal statement line items
need help with the answers marked with an "X"
Adjust the Cash Balance We obtain the following 2020 forecasts of selected financal statement line items for fourney Company: Using the answer above, compute what should be the normal cash balance for FY2020. b. Is the deviation in part a large enough to require adjustment? Explain. c. Identify three ways to adjust the forecasted cash balance. Which option would least likely be used to odjust the cash balance? c. Identify three ways to adjust the forecasted cash balance. Which option would least likely be used to adjust the cash balance? d. Complete the following statement of cash flows assuming long-term debt is used to adjust the forecasted cash balance. e. Complete the following statement of cash fows assuming marketable securites are used to adjust the forecasted cash balance Step by Step Solution
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