Question
Question #2 Now, use the proportional growth (percentage of sales) method to forecast the firm's financial statements and EFN for 1993. (Hint: Table 3 has
Question #2
Now, use the proportional growth (percentage of sales) method to forecast the firm's financial statements and EFN for 1993. (Hint: Table 3 has been provided to speed up your work.) Compare the EFN given in question 1 with that obtained here from the percentage of sales method.
Accounts payable + notes payable + accrued wages & taxes = current liabilities. 1992 interest expenses (initially) = 1993.
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Overcoming Debt Achieving Financial Freedom
Authors: Cindy Zuniga-Sanchez
1st Edition
1119902320, 978-1119902324
