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Prepare a cash budget for a company for the next quarter based on the following information: Beginning cash balance $50,000, Cash receipts $200,000, Cash disbursements

Prepare a cash budget for a company for the next quarter based on the following information: Beginning cash balance $50,000, Cash receipts $200,000, Cash disbursements $180,000, and Ending cash balance $70,000. Discuss the importance of cash budgeting in managing liquidity, identifying financing needs, and mitigating cash flow risks. Analyze the impact of cash flow variability on operating activities and investment decisions.

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