1. Explain how slower inventory turns, slower receivables collections, or faster payments to suppliers would infl uence the numbers produced by a cash budget. 2. Why might pro forma statements and the...

1. Explain how slower inventory turns, slower receivables collections, or faster payments to suppliers would infl uence the numbers produced by a cash budget.

2. Why might pro forma statements and the equation for external funds required (EFR) yield different projections for a fi rm’s fi nancing needs?

May 26, 2022

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1. Explain how slower inventory turns, slower receivables collections, or faster payments to suppliers would infl uence the numbers produced by a cash budget. 2. Why might pro forma statements and the...

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