Prepared a cash budget the owner of the ladder company

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After two years of business the lucky ladder company decides to apply or a bank loan to finance a new store although the company has been very succesful. it had never prepared a cash budget the owner of the ladder company used the information from the first two years of business to reconstruct cash forecast he presented is the forecast this financial statement as though they had been prepared as part of the company's planning do you think this Behavior was ethical what would you do in similar circumstances and why

Reference no: EM131330286

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