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Explain the differences in creating budgets for the following entities: manufacturing, non-manufacturing, serviced based business and not for profit organizations. Your paper should cover the following topics:
• How will a budget help these organizations achieve its financial goals? • Your paper must include at least two references other than your textbook
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The current asset section of Guardian Consultant's balance sheet consists of cash, accounts receivable, and prepaid expenses. The 2013 balance sheet reported the following: cash, $1,340,000; prepaid expenses, $400,000; noncurrent assets, $2,800,00..
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In each case, compute the amount that should be reported in the operating activities section of the statement of cash flows under the direct and indirect method.
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