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The significant objectives of short-term cash forecast are as given:
The short-term cash forecast assists in finding the cash requirement for a predetermined period to run a business. Under the absence of such information the finance manager would not be capable to decide upon the cash balances to be well-maintained. Besides to this the information specified earlier would also be needed to tie up with the financing bank so as to meet anticipated cash shortfall and also to draw strategies to invest surplus cash in securities along with suitable maturities. Some of the other purposes of cash forecast are as:
Transportation Problem-Solution Solution of the Transportation Problem: The fundamental steps of the transportation method are: Step 1: Determine a preliminary b
Going rate or follow the crowd pricing:- In this method the firm price its products at the similar level as that of the competition. This method supposes that there will be no
distinguish between cost unit and cost centre
Integer Programming It is a technique for solving a linear programming model with an added constraint that the decision variables must only be non-negative integers. In the
It is a commitment by a bank to lend a specific amount of funds on demand identifies the maximum amount of unsecured credit the bank will allow the customer to borrow at any time.
These loans are given by the Banker for short periods for an exact activity like financing for a civil contract work. As the customer receives payment, the transaction will be repa
Recommend whether marginal or absorption costing should be use for internal monthly reporting
how to journalize entry. purchased $150,000 of raw materials on account, terms of 2/20; n/30
The following information pertains to Fairways Driving Range, Inc.: The company is considering operating a new driving range facility in Sanford, FL. In order to do so, they will
Discuss arguably how management accountants should decide when are faced with the extra shift decision
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