Question: 1 . Use the numbers given to complete the cash budget and short - term financial plan. 2 . Rework the cash budget and short
Use the numbers given to complete the cash budget and shortterm financial plan. Rework the cash budget and shortterm financial plan assuming Keafer changes to a minimum cash balance of $ Rework the sales budget assuming an percent growth rate in sales and a percent growth rate in sales. Assume a $ target cash balance. Assuming the company maintains its target cash balance at $ what sales growth rate would result in a zero need for shortterm financing? To answer this question, you may need to set up a spreadsheet and use the "Solver" function.
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