why there is no mention for liquidity need for paying immediate taxes and also i can undersatnd that but still setting aside reserve cash isn’t it just your in bank acc?
Bumping this, as I’d love to know as well
Didn’t the question ask for liquidity needs in the next year not immediately? … and if they mention the cash reserve then include it in liquidity requirements
Yeah, got this wrong as, maybe the lesson here is:
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Read the case and question closely.
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Do practice now, so errors dont happen in June.