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23 January, 15:45

Steve has estimated the cash inflows and outflows for his dental firm for next year. The report that he has prepared summarizing these cash flows is called a: A. pro forma income statement. B. sales projection. C. cash budget. D. receivables analysis. E. credit analysis.

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  1. 23 January, 15:51
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    C. cash budget.

    Explanation:

    As we know that

    The cash budget refers to the inflow and outflow of cash in which inflow refers to the receipts of the service rendered while the outflow could be in terms of purchase of long term assets in cash, expenses incurred in cash, etc

    So while estimated the cash inflows and cash outflows, the cash budget is to prepared so that the firm get to know its cash position
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Home » Business » Steve has estimated the cash inflows and outflows for his dental firm for next year. The report that he has prepared summarizing these cash flows is called a: A. pro forma income statement. B. sales projection. C. cash budget. D.
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