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The two economic groups competing for power during the transition from mercantilism to capitalism were:
Budgeted Balance Sheet
A prediction of a company’s financial position at the end of a specified period, incorporating anticipated assets, liabilities, and equity based on the budget.
Cash Budget
A financial plan that estimates cash inflows and outflows over a specific period to manage liquidity and ensure adequate cash flow.
Financial Budgets
Plans that outline an organization's expected revenues, expenditures, and financial objectives for a specific period.
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