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1-What are short-term financial plans and long-term financial plans also called? 2- What does EBIT stand for and how do you arrive at this figure

1-What are short-term financial plans and long-term financial plans also called?

2- What does EBIT stand for and how do you arrive at this figure starting from the sales revenue? Please include every step between sales revenue and EBIT.

3-In short-term financial planning, cash budgets are usually based on which key data? Note: this key data stands at the very beginning in short-term financial planning.

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