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An important reason for making financial projections is forecasting whether the firm will need money from outside sources in the coming year. If the planning
An important reason for making financial projections is forecasting whether the firm will need money from outside sources in the coming year. If the planning assumptions result in a need for extra money, it shows up in the plan as:
Select one:
a. a negative net income.
b. a negative equity account.
c. an increase in debt.
d. a very substantial drop in revenue.
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