Examlex
When estimating a cash budget,which of the following items should the firm NOT include in the process?
Corporate Taxes
Taxes imposed on the income or profit of corporations and other business entities by the government.
Treasury Bills
Short-term government securities issued at a discount from the face value and maturing at their face value.
Hyperinflation
Economic situation characterized by soaring prices.
Soaring Prices
A situation where the prices of goods and services rise rapidly and to unusually high levels.
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