Question 38 (1 point) A company has $1, 250,000 cash in its bank account on December 31st. For the coming year, the company is projecting significant positive net incomes for each and every month. Thus you can conclude (with regards to the organization's projected cash flows for the coming year) O There is no need to do a "cash budget" as it is apparent the company will always have enough cash to pay its bills plus will have significant cash reserves for further investment in its business Nothing - the company must do a "cash budget" before it can conclude anything with regards to future cash surpluses/shortages There is no need to do a "cash budget" as it is apparent the company will always have enough cash to pay its bills