Define each of the following terms: a. Operating plan; financial plan; sales forecast b. Pro forma financial

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Define each of the following terms:

a. Operating plan; financial plan; sales forecast

b. Pro forma financial statement; percent of sales method

c. Spontaneously generated funds

d. Additional funds needed (AFN); AFN formula; capital intensity ratio

e. Lumpy assets

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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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