The cash budget, or cash forecast, is a statement of the firms planned inflows
and outflows of cash. It is used by the firm to estimate its short-term cash requirements,
with particular attention being paid to planning for surplus cash and
1. What are 3 forms of organization?
A sole proprietorship is a business owned by a single individual. The
owner maintains title to the assets and is personally responsible, generally without
limitations, for the debts incurred. The pr
1. Study Financial Statement.
Summary report that shows how a firm has used the funds entrusted to it
by its stokeholders or shareholders.
2. What are the classifications of Financial Statement? Define and analyze the debit
and credit of the accounts.
Ratio analysis involves methods of calculating and interpreting financial
ratios to analyze and monitor the firms performance. The basic inputs to ratio
analysis are the firms income statement and balance sheet.
Ratio analysis of a firms f