To avoid any uncertainty regarding his business' financing needs at the time when such needs may arise, Cyrus Brown wants to develop a cash budget for his latest venture: Cyrus Brown Manufacturing (CBM). He has estimated the following sales forecast for CBM over the next 9 months: March $250,000 April $275,000 May $320,000 June $450,000 July $575,000 August $700,000 September $825,000 October $350,000 November $285,000 He has also gathered the fo ...
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01 Feb 2016