Solved: Principal purpose of the cash budget, Finance Basics

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Principal purpose of the cash budget

Problem:

"The principal purpose of the cash budget is to see how much cash the company will have in the bank at the end of the year." Do you agree? Explain. If you agree, are there any other purposes that might also be important? If you don't agree, what do you feel is the principal purpose then?

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Finance Basics: Principal purpose of the cash budget

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Finance Basics: Principal purpose of the cash budget

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