As a new financial analyst, Hannah has been asked to calculate her company's discretionary financing needed for the next year. To begin the analysis, Hannah calculates the forecasted income statement for the next year and the project total assets. Which additional information does Hannah need to calculate the discretionary financing needs? Projected cost of capital and projected firm credit rating. Historical income statement and historical total assets. Projected total liabilities and projected owners' equity Historical discretionary financing needed Question 1 a. Differentiate between Data and Information. b. Identify and explain at least two ways in which Information Technology enhances: i. Financial analysis ii. Management decision making, and (iii) Development of careers in Finance c. State and briefly explain five (5) limitations of using Information Technology in Finance? d. Giving examples, briefly explain two of the following management reports: i. Analyses ii. Prediction iii. Forecast iv. Optimization report. v. Exceptional report. Finance Plan This week in addition to reading and reviewing the various materials, upload your plan for financing your start up or some operational aspect of your venture (eg. marketing campaign) as well as the Situational Analysis of the development of your finance plan for your CA. Your plan must be supported by projected financials and include a discussion of your budget assumptions.