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Prepare a cash budget for Microsoft Corporation for the next quarter. Consider factors such as cash inflows from sales, cash outflows for expenses, and any
Prepare a cash budget for Microsoft Corporation for the next quarter. Consider factors such as cash inflows from sales, cash outflows for expenses, and any financing activities. Use the following data:
- Expected sales revenue: $5 billion
- Operating expenses: $3 billion
- Capital expenditures: $1 billion
- Beginning cash balance: $2 billion
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