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Business, 07.05.2020 07:02 Kode19001

TPE’s cashflow swings over the calendar year. Revenues come in early when students enroll in summer camps before June. In the summer, the camp pays camp counselors, rents performance locations, and buys gasoline for the buses. TPE needs to be disciplined about expenses in the spring, when the bank account is fat, so they can pay everyone through the summer. For this, TPE needs .a. an income statement. b. a budget. c. a balance sheet statement.

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TPE’s cashflow swings over the calendar year. Revenues come in early when students enroll in summer...
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