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a dynamic financial statement simulation model for PQR and a simple operating cash flow model for Pitt Steel Fabricators. Both produced simulated distributions for CFaR.
a dynamic financial statement simulation model for PQR and a simple operating cash flow model for Pitt Steel Fabricators. Both produced simulated distributions for CFaR. Suppose you are the CFO of your firm and that your firm has embarked on a major capital budgeting project. Finally, suppose that your firm has a $100 million credit line at a local bank. You are concerned about your ability to raise new funds should the new project come in over budget. Which of the two models you built would be of more help in addressing your concerns? Why?
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