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Vukile Limited has compiled a cash budget for July and August and is expecting a cash deficit of R 1 5 0 0 0 0
Vukile Limited has compiled a cash budget for July and August and is expecting a cash deficit of R in July and R in August. The business currently has a bank overdraft of R It is expected that a cash surplus will be generated from September onwards. To address the expected cash shortage Vukile Limited can do all of the following except for:
A Sell off plant and equipment
B Stretch payments to creditors as long as possible without incurring penalties or interest
C Improve debtor collections
D Obtain a short term loan
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