Question: After creating a master budget for Muesli AG , it appears the budgeted cash balance will be significantly higher than the required bank balance (

After creating a master budget for Muesli AG, it appears the budgeted cash balance will be significantly higher than the required bank balance (it will exceed their minimum cash requirement) and that their liquidity ratio is projected to be in compliance with bank covenants. Which of the following would be a good plan of action for Muesli AG to take that demonstrates good cash management? (Answer the question based on the parameters of the ERPSim Case Studies.)Check All That ApplyLeave the excess cash in the bank in case the company needs it later. Leave the excess cash in the bank in case the company needs it later.Purchase additional equipment to increase production capacity. Purchase additional equipment to increase production capacity.Purchase additional equipment to reduce set up time. Purchase additional equipment to reduce set up time.Hire a consulting firm to help reduce set up time. Hire a consulting firm to help reduce set up time.Pay down the existing line of credit. Pay down the existing line of credit.Hire a consulting firm to design transportation routes. Hire a consulting firm to design transportation routes.Purchase additional raw materials as safety stock.

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