chapter 4 outline what is financial forecasting 2 methods of financial forecasting 3 financial statements for forecasting steps in a pro forma income statement i s determining production requirements percent ...
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...Chapter outline what is financial forecasting methods of statements for steps in a pro forma income statement i s determining production requirements percent sales method looking ahead to develop plan the future very important strategic growth firm using or projected more exact time consuming less precise easier calculate often times these are required by lenders cash budget balance sheet b first step projection establish determine schedule compute other expenses profit completing an actual...