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Liquidity
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In the business cycle, which could be described as a period of high growth with high borrowing?
A company has opening receivables at the start of March of $356,789. 5% of receivables will be written off as irrecoverable debts. Budgeted sales in the month are $875,234 and closing receivables are expected to be $379,365. How much cash is expected to be received from receivables?
Which of the following types of short-term investment has the lowest risk?
How could a business fund a short term cash shortfall?
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