(Learning Objective 5: Construct and use a cash budget) Nathan Farmer, chief financial officer of Wang Appliance 

Store, is responsible for the company’s budgeting process. Farmer’s staff is preparing the Wang cash budget for 2014. A key input to the budgeting process is last year’s statement of cash flows, which follows (amounts in thousands): ATTACHMENT PREVIEW Download attachment zzz – Case Studies files (5).zip – Preview not available

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