Question: A small business that is struggling for a while has finally taken off with some rapid expansion on the horizon. THe son of the owner

A small business that is struggling for a while has finally taken off with some rapid expansion on the horizon. THe son of the owner is concerned about meeting the goals of the company without getting into serious short term financial difficulties. As a result he has been very conscientious about preparing the cash budget. Why is cash budgeting important for a rapidly important expanding company?

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