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BUDGET DEFICIT OF A BUSINESS

                Barron’s states, “Corporate budget deficits must be reduced or eliminated
                by  increasing  sales  and  reducing  expenditures,  or  the  company  will  not

                survive in the long run.” Again notice the two choices. One  choice is to
                increase sales and the other is to reduce expenditures.
                    The financial statement of a corporate deficit looks like this diagram.
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