Business Studies · May / June 2023 · Paper 11 · Question 2
7115
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LMA is a family-owned restaurant. The business was started 20 years ago and has remained small. LMA is a partnership. The partners are considering whether LMA should become a private limited company. The Finance Manager is analysing LMA’s cash-flow forecast. An extract is shown in Table 2.1. Table 2.1 Extract from LMA’s cash-flow forecast 2023 ($000) July August September Cash inflow 420 300 330 Cash outflow 410 320 360 Net cash flow X (20) (30) Opening balance 60 70 50 Closing balance 70 50 Y
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2(a)[2]
2(b)[2]
2(c)[4]
2(d)[6]
2(e)[6]
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