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Use the information below to answer the following questions.
Crystal Computers owns a chain of seven shops selling computer goods. In the past the company maintained a healthy cash balance. However, this has fallen in recent months, and at the end of September 2018 it had an overdraft of $100,000. In view of this, its managing director has asked you to prepare a cash forecast for the next six months. You have collected the following information:
-Refer to the table above. The projected cash balance at the end of October is:
E-tailing
Electronic retailing or online shopping, which is the sale of goods and services through the internet.
E-procurement
Electronic procurement refers to the process of purchasing goods or services for a business using online platforms or technology.
Factoring
A financial transaction where a business sells its accounts receivable to a third party at a discount to immediately generate cash.
Authenticating
The process of verifying the identity of a user or device, often as a part of securing access to systems and information.
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