Briefly explain how to forecast financial statements using the percent of sales approach. Be sure to explain

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Briefly explain how to forecast financial statements using the percent of sales approach. Be sure to explain how to forecast interest expenses.

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Financial management theory and practice

ISBN: 978-0324422696

12th Edition

Authors: Eugene F. Brigham and Michael C. Ehrhardt

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