Calculating sales estimates, derived from an estimate of the sales growth rate, is how the forecasting process begins.

Select one:

True

False

When forecasting balance sheet financials, an unusually high forecasted cash balance suggests which of the following?

Select one:

A.Sales are projected to increase in coming years.

B.The company will need to sell additional stock.

C.The company is generating a lot of cash, most typically from operations.

D.Account receivables have dipped to an unacceptable level.

E.None of the above