Which of the following is a common ingredient among financial planning models?

I. Sales forecasts

II. Asset requirements

III. Pro forma statements

IV. Financial requirements

A) I only

B) II only

C) I and III only

D) II and IV only

E) I, II, III, and IV

For financial planning purposes, we generally define the short run as ___________, and the long run as ____________.

A) 2 years; 3-5 years

B) 1 year; 2-5 years

C) 1 year; 2-6 years

D) 1 years; 2-4 years

E) None of the above