Question: After creating a master budget from muesli AG , it appears the budgeted cash balance will be significantly higher than they required bank balance. It
After creating a master budget from muesli AG it appears the budgeted cash balance will be significantly higher than they required bank balance. It will exceed their minimum cash requirement and their liquidity ratio is projected to be in compliance with bank covenants which of the following would be a good plan of action from us AG to take that demonstrates good cash management check all that apply. Leave the cash in the bank in case the company needs it later, purchase additional equipment to increase production capacity, purchase additional equipment to reduce set up time, higher, a consulting firm to help reduce set up time, pay down the existing line of credit, higher, a consulting firm to design, transportation, routes, purchase additional raw materials as safety stock
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