Finance

Chapter 15 Financial Planning and Forecasting LEARNING OBJECTIVES later on reading this chapter, students should be able to: soon inform the pastime terms: thrill statement, corporate scope, corporate purpose, corporate objectives, and corporate strategies. Briefly explain what operating plans are. localize the six stairs in the monetary supplying process. List the advantages of computerized fiscal planning models over pencil-and-paper calculations. wrangle the importance of gross sales forecasts in the financial planning process, and wherefore managers construct pro forma financial statements. Briefly explain the steps involved in the percent of sales method. Calculate surplus funds needed (AFN), using some(prenominal) the projected financial statement approach and the formula method. Identify former(a) techniques for promise financial statements discussed in the text and explain when they should be used. language SUGGESTIONS In Chapter 3, we carryed at where the firm has been and where it is now--its current strengths and weaknesses. Now, in Chapter 15, we look at where it is projected to go in the future.

The inside information of what we cover, and the focus we cover it, can be seen by scan Blueprints, Chapter 15. For other suggestions about the lecture, please see the Lecture Suggestions in Chapter 2, where we hear how we conduct our classes. eld ON CHAPTER: 3 OF 58 DAYS (50-minute periods) ANSWERS TO END-OF-CHAPTER QUESTIONS 15-1Ac counts payable, accrued wages, and accrued t! axes increase spontaneously and proportionally with sales. retained earnings increase, but not proportionately. 15-2The equation gives cheeseparing forecasts of financial requirements if the ratios A*/S0 and L*/S0, as well as M and RR, are stable. Otherwise, another forecasting technique should be used. 15-3False. At low growth rates, internal financing will hear care of the...If you want to get a copious essay, lay it on our website: BestEssayCheap.com

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