Question
Chapter 4 presents the concept of projected income statements, cash budgets and projected balance sheets. Discuss the purpose of each of these statements and how
Chapter 4 presents the concept of "projected" income statements, cash budgets and "projected" balance sheets. Discuss the purpose of each of these statements and how the financial manager can use these documents to make financial decisions. Also, discuss how other parties might use this information as it relates to the firm.
To get full credit for this post you will need to do more than just describe the projected statements, you will need to tell me about the purpose and the uses (internal and external) for the statements.
I will give tip to whoever helps. I just only have $5 credits right now! :)
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