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Finance Problems for a Furniture Manufacturer

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September 28th, 2022

Anne Teak, the financial manager of a furniture manufacturer
A firm currently offers terms of sale of 3/20, net 40
As treasurer of the Universal Bed Corporation, Aristotle Procrustes is worried about his bad debt ratio
Fill in the blanks in the following statements
A firm has a cash surplus
Sources and Uses of cash. State how each of the following events would affect the firm’s balance sheet

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