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Topic: Business
Number of pages / Number of words: 18 / 4860
Essay's paper body

It is a forecasting tool that tracks all cash receipts and cash disbursements. It demonstrates how all plans effect cash which could lead to an alteration of the company's current budget if there are inadequate cash resources to fund the ventures planned. With cash budgeting, Lawrence Sports can avoid surprises by predicting how much money the company will receive and how much the company will spend...


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With cash budgeting, Lawrence Sports can avoid surprises by predicting how much money the company will receive and how much the company will spend.

Lawrence Sports has a credit line with high interest rates and is in a constant state of worry in regards to paying off the loan without borrowing any more money...


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