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Explain what would happen to the equilibrium price and quantity of oranges if the supply of oranges increased while the demand for oranges decreased.
Cash Budget
An estimation of the cash inflows and outflows for a business or individual for a specific period, used for managing liquidity and financial planning.
Working Capital Policy
A company's strategy concerning managing its current assets and liabilities to ensure it has sufficient liquidity to meet its short-term obligations.
Factoring Accounts Receivable
A financial transaction whereby a business sells its accounts receivable to a third party at a discount in exchange for immediate cash.
Without Recourse
A financial term indicating that the seller of an asset is not liable if the underlying assets fail to perform as expected.
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