Question: When preparing Cash Budgets, should there be excess cash? What are the basic benefits and purposes of developing pro forma statements and a cash budget?

When preparing Cash Budgets, should there be excess cash? What are the basic benefits and purposes of developing pro forma statements and a cash budget? Explain how their explanation could be used in a business situation. Writing Requirements: Required Post Length: minimum of 250 -300 words - due Wednesday Peer Response Post Length: minimum of 150 words per post - due Saturday Cite the textbook and at least one other resource

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