As a financial manager of a small firm,Jerry needs to determine how much his company will have to borrow in the coming months,and when the borrowed funds will be needed.The preparation of a cash budget will help.

Question

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A cash budget is an important tool for financial managers to determine the amount and timing of borrowed funds needed for a company's operations. It helps to forecast and plan cash flows for a specific time period and aids in identifying potential cash deficits or surpluses.

As a Financial Manager of a Small Firm,Jerry Needs to Determine