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d076 Unit 5 already graded A+ 2024/2025 $10.49   Add to cart

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d076 Unit 5 already graded A+ 2024/2025

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  • D076 OA
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  • D076 OA

d076 Unit 5 already graded A+ 2024/2025

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  • January 2, 2024
  • 2
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
  • d076 oa
  • D076 OA
  • D076 OA
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Ashley96
d076 Unit 5

What is the name for a forecast of short-term events that helps a company understand if
it has sufficient cash? - ANSCash budget

What is the purpose of a monthly cash budget? - ANSTo control cash inflows and
outflows so you can balance income with expenditures and savings

In which situation would a firm need to borrow cash? - ANSWhen the beginning cash
balance plus the net cash is less than the minimum cash balance required for the month

How can you use the envelope method of budgeting to monitor cash flows? - ANSPut
the amount of money budgeted for each category of your expenses into labeled
envelopes and then spend the money in each envelope on expenses in that category.

How should you go about making changes to your budget? - ANSPrioritize the changes
you want to make and then implement them gradually one by one to make sure they
work.

You are a financial manager of a company. The marketing department has informed you
that the projected sales growth for the upcoming year is 15%. As you conduct financial
forecasting, you increase cash, accounts receivable, and inventory accounts by
15%—the same as the projected sales growth. What type of accounts are these? -
ANSSpontaneous accounts

What does it mean when a firm's calculated discretionary financing needed (DFN) is
negative? - ANSThe firm will have enough financing to fund projected sales.

Which account is a spontaneous account? - ANSAccounts payable

Why is the sustainable growth rate (SGR) useful? - ANSIt gives the maximum growth
rate that allows a firm to maintain its current financial ratios without issuing new equity.

You are analyzing fixed assets to create pro forma financial statements for your
company. You realize that, since sales will increase next year, you will also need your
manufacturing capacity to increase by the same amount. Currently, you are operating at
maximum capacity. You buy an entire new factory and multiple pieces of equipment that
increase capacity to much more than you need to meet the sales growth. Which

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