Is the cash budget a better measure of liquidity than traditional measures, such as the current ratio

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Is the cash budget a better measure of liquidity than traditional measures, such as the current ratio and quick ratio?
Cash Budget
A cash budget is an estimation of the cash flows for a business over a specific period of time. These cash inflows and outflows include revenues collected, expenses paid, and loans receipts and payment.  Its primary purpose is to provide the...
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Fundamentals Of Financial Management

ISBN: 9780273713630

13th Revised Edition

Authors: James Van Horne, John Wachowicz

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