What is the purpose of a forecast? What factors does a firm use to create its forecasts
Question:
What is the purpose of a forecast?
What factors does a firm use to create its forecasts of future sales, income, expenses, and capital expenditures?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Entrepreneurship Successfully Launching New Ventures
ISBN: 9781292255330
6th Global Edition
Authors: R. Duane Ireland, Bruce R. Barringer
Question Posted:
Students also viewed these Business questions
-
Evaluate what is the purpose of a forecast. What factors does a firm use to create its forecasts of future sales, income, expenses, and capital expenditures? (20 marks) Definition explanation and...
-
What is the purpose of a forecast? What factors does a firm use to create its forecasts of future sales, income, expenses, and capital expenditures?
-
The purpose of this case is to learn how to compare projects with Capital Budgeting. Please read the case and use the spreadsheet on our website entitled New HD Template.xslx for analyzing the...
-
Use a calculator to express each number in Problems 39 and 40 as a decimal to the capacity of your calculator. Observe the repeating decimal representation of the rational numbers and the non...
-
In 1985, only 8% of the students in the city school district were classified as being learning disabled. A school psychologist suspects that the proportion of learning-disabled children has changed...
-
How many electrons or protons are transported through the double layer in each second when the Cu, H21 H+ and Pt ICe4+, Ce3+ electrodes is at equilibrium at 25C? Take the area as 1.0 ern/ in each...
-
What is the purpose of a forecast? What factors does a firm use to create its forecasts of future sales, income, expenses, and capital expenditures?
-
Reliable Security Devices (RSD) has introduced a just-in-time production process and is considering the adoption of lean accounting principles to support its new production philosophy. The company...
-
This is Shell Scripting I need the following code modified to make is eaiser to read by adding blank lines, titiles, sections, and/or color to make the output more user friendly. #!/bin/bash date;...
-
What is meant by the term stability as it relates to the financial management of a firm?
-
On what factors or conditions do completely new firms base their forecasts?
-
Use the option data from July 13, 2009 in the following table to determine the rate Google would have paid if it had issued $128 billion in zero-coupon debt due in January 2011. Suppose Google...
-
McGinn Company purchased 10% of RJ Company's common stock during 2019 for $100,000. The 10% investment in RJ had a $90,000 fair value at the end of 2019 and a $105,000 fair value at the end of 2020....
-
Questions: How much overhead cost is allocated to product A and product B? What is the cost per unit of A and B? What is the selling price per unit of A and B, assuming a mark-up of 40% of cost. A...
-
NORMAL DISTRIBUTIONS PRACTICE 1. For each problem below draw a picture of the normal curve and shade the area you have to find. Let Z represent a variable following a standard normal distribution. a)...
-
Question 13 (2 points) The following data are available about Mamita Company who uses job order cost system: 2017 Balances 2018 Balances 2019 Balances Beginning materials inventory P100,000 ?...
-
Assume that a simple random sample has been selected and test the given claim. Listed below are the lead concentrations in g/g measured in different traditional medicines. Use a 0.05 significance...
-
Using the spectral allocation shown in Fig. 2-48 and the information given in the text, how many Mbps does a cable system allocate to upstream and how many to downstream?
-
Write a paper about the Working relationship in the organization- collaboration within and outside the organization
-
Based on the material covered in this chapter, what questions would you ask the firms founders before making your funding decision? What answers would satisfy you?
-
If you had to make your decision on just the information provided in the pitch and on the companys website, would you fund this company? Why or why not?
-
Based on the material covered in this chapter, what questions would you ask the firms founders before making your funding decision? What answers would satisfy you?
-
One year ago, your company purchased a machine used in manufacturing for $100,000. You have learned that a new machine is available that offers many advantages and that you can purchase it for...
-
Run a regression of age on housing prices. a. Write out the equation. Is there a potential heteroskedasticity problem? Explain in detail why or why not. b. If you answered yes in part a, test for...
-
Consider the following income statement and comparative balance sheet. Income Statement - Meta Platforms ( Facebook ) ( in millions ) 1 2 / 3 1 / 2 0 2 1 Revenue $ 1 1 7 , 9 2 9 . 0 Cost of revenue 2...
Study smarter with the SolutionInn App