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Why is cash budgeting particularly important to a rapidly expanding company?

23 hours ago ago from Finance Thinktank

A web user asks, Risky Rolling, Inc. is a rapidly expanding manufacturer of skateboards that have been modified for use on ski slopes during the off-season. This year's sales are consideraly higher that last years sales, and salses are expected to double next year. The unexpected growth in sales has presented numerous challenges to the company's management team and the stress is really starting to show. Laura Dennan, the company;s president, ...

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