Which statement best describes how leasing finance affects a business? D. add cash balance for the previous month to the total receipts and less total payments and carried forward to the next month.

Question 7: C. Business does not have to pay for large sums of money to purchase expensive capital items Leasing finance allows a business to use assets without the large upfront capital expenditure required for purchasing them outright. Instead, the business makes regular lease payments. Question 8: D. add cash balance for the previous month to the total receipts and less total payments and carried forward to the next month. The expected cash balance at the start of a month in a cash flow budget is the closing cash balance from the previous month. This closing balance is calculated by taking the opening cash balance of the previous month, adding all receipts for that month, and subtracting all payments for that month. This resulting balance is then carried forward to become the opening balance of the current month. 3 done, 2 left today. You're making progress.