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Jasper has budgeted the following for a month:
Accounting profit after tax $100
increase in receivables $35
increase in inventory $20
increase in trade payables $20
depreciation charge $70
taxtation $40WHAT IS BUDGETED INCREASE IN CASH BALANCE FOR THE MONTH?
can you do arthematic and explain please
If this is a kit question, it is always useful if you supply the kit answer – otherwise we might suspect we are doing your homework!
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