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Within the context of forecasting, which is the foundation of the forecast financial statements? (ie. drives most other forecast elements) Sales forecast. Net profit margin
Within the context of forecasting, which is the foundation of the forecast financial statements? (ie. drives most other forecast elements) Sales forecast. Net profit margin Cash to cash cycle Current ratio Asset Turnover In terms of confidence and degree of accuracy, which financial statement is the most difficult to forecast? Income Statement. Balance Sheet. Statement of Cash Flows Cash flow from operating activities Cash flow from financing activities In terms of sequence of forecasting financial statements, which is the first to be done? Income Statement. Balance Sheet. Statement of Cash Flows Cash flow from operating activities Cash flow from financing activities Which statistic measures the percent variation of the dependent variable that is explained by the variation in the independent variable? Beta Published Beta The estimation period R-squared Correlation coefficient
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