Our model of Executive Paper is an example of a top-down planning model. Some firms use a
Question:
Our model of Executive Paper is an example of a top-down planning model. Some firms use a bottom-up financial planning model, which incorporates forecasts of revenues and costs for particular products, advertising plans, major investment projects, and so on. What sort of firms would you expect to use each type, and what would they use them for?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (12 reviews)
Bottomup models may be excessively detailed and can prevent managers from seeing the f...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Principles of Corporate Finance
ISBN: 978-0072869460
7th edition
Authors: Richard A. Brealey, Stewart C. Myers
Question Posted:
Students also viewed these Corporate Finance questions
-
Which of the following is an example of a community risk factor? a. bonding, norms, and resources. b. attitudes, values, knowledge, and skills. c. bonding, climate, policy, and performance. d....
-
Which one of the following is an example of a financing activity? a. Cash payments to purchase debt or equity securities of other entities (other than trading securities) b. Cash payments to...
-
Which of the following is an example of a variable cost? a. Insurance premium for fire insurance on the factory building b. The salary of the company president c. Wood used to make custom tables d....
-
In the conversion of a-ketoglutarate to glucose, which of the following compounds are not obligatory intermediates in this pathway? * Oxaloacetate O Fructose 1,6 bisphosphate O Malate O 1,3...
-
The image produced by a converging lens is upside down. Our eyes have converging lenses. Does this mean the images we see are upside down on our retinas? Explain.
-
The Warm as Toast Company installs furnaces and fireplaces in homes and businesses. Each furnace and fireplace carries a four-year warranty. During 2011, the company had sales of $835,000. Customers...
-
What groups need the outputs of an accounting information system?
-
NewTech Medical Devices is a medical devices wholesaler that commenced business on June 1, 2019. NewTech Medical Devices purchases merchandise for cash and on open account. In June 2019, NewTech...
-
15 O Mark this question The data below shows the grams of fat for a variety of snacks. Morris wants to calculate the standard error of the sample mean for this set of data Snack Grams of Fat Snack 1...
-
This project is to help you apply concepts to real-world, real data analysis. In the real-world computers do most of the hard work for statisticians. This project will help you understand how an...
-
Should a financial plan be considered an unbiased forecast of future cash flows, earnings, and other financial variables? Why or why not?
-
Corporate financial plans are often used as a basis for judging subsequent performance. What do you think can be learned from such comparisons? What problems are likely to arise, and how might you...
-
A 20.0-m-long cable consists of a solid-inner, cylindrical, nickel core 10.0 cm in diameter surrounded by a solid-outer cylindrical shell of copper 10.0 cm in inside diameter and 20.0 cm in outside...
-
6 10. The graph below shows the airfare between cities. Use the brute force method to find the cheapest way to visit all cities and return to NY if you lived in NY. a) How many unique Hamilton...
-
Transactions for Tamarisk Company for the month of May are presented below. Prepare journal entries for each of these transactions.\ (If no entry is required, select "No entry" for the account titles...
-
Port Ormond Carpet Company manufactures carpets. Fiber is placed in process in the Spinning Department, where it is spun into yarn. The output of the Spinning Department is transferred to the Tufting...
-
On February 1 , 2 0 2 4 , Sanyal Motor Products issued 9 % bonds, dated February 1 , with a face amount of $ 8 0 million. The bonds mature on January 3 1 , 2 0 2 8 ( four years ) . The market yield...
-
Adding to Existing Curriculum Choose a unit of study (at least five days in length) to add the following components to: Opening question or introduction Choice Centers Literacy Connections Small and...
-
Determine the equivalent stiffness of a linear spring when a SDOF mass-spring model is used for the systems shown in Figures P2.4 with \(x\) being the chosen generalized coordinate. L 2 FIGURE P 2.4...
-
6 (a) Briefly develop a mathematical model of the behaviour of a copper-twisted pair cable (b) Derive the magnetic energy from: w given that: K + w, where the - - k symbols have their usual meaning...
-
What lessons would you draw from the Harris-Todaro model in terms of immigration policies in the United States? What are the commonalities and differences between rural to urban migration and...
-
a. If the one-year discount factor is .905, what is the one-year interest rate? b. If the two-year interest rate is 10.5%, what is the two-year discount factor? c. Given these one- and two-year...
-
A machine costs $380,000 and is expected to produce the following cash flows: If the cost of capital is 12%, what is the machine'sNPV? Year 1 2345 6 79 0 68 50 Cash flow ($000s) 50 57 75808592
-
Mike Polanski is 30 years of age and his salary next year will be $40,000. Mike forecasts that his salary will increase at a steady rate of 5% per annum until his retirement at age 60. a. If the...
-
A project that will provde annual cash flows of $2,850 for nine years costs $9,400 today. a. At a required return of 12 percent, what is the NPV of the project? Note: Do not round intermediate...
-
16: Assume that we use a dividend growth model to value 'the world stock market'. If the 'world's' dividend yield is 3% per annum and the growth rate is around 3% per annum, what change in the world...
-
FJ LLC is considering a project requiring an initial investment of $ 7 5 million and which expects $ 7 million in annual free cash flows starting from next year till forever. The firm continuously...
Study smarter with the SolutionInn App