By planning cash needs ahead of time

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Reference no: EM13844791

By planning cash needs ahead of time, an entrepreneur is able to:

a. reduce the amount and cash flowing out of the company.

b. develop a sound borrowing and repayment plan.

c. Both reduce the amount and cash flowing out of the company and develop a sound borrowing and repayment plan

d. increase borrowing costs by borrowing only when necessary.

Reference no: EM13844791

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