What is the financial forecasting, and why do we need it?
Question:
What is the financial forecasting, and why do we need it?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (2 reviews)
Financial forecasting is the process of using past financial data and current market trends to make educated assumptions about future financial period...View the full answer
Answered By
Susan Juma
I'm available and reachable 24/7. I have high experience in helping students with their assignments, proposals, and dissertations. Most importantly, I'm a professional accountant and I can handle all kinds of accounting and finance problems.
4.40+
15+ Reviews
45+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Case Swimmers Headphones1 Finally! Its the end of 2019 and you are sitting at your new desk in a plush office in north Bogota, with a delicious cup of Colombian coffee. You think about all it took to...
-
Visit http://www.swisswireless.org/wlan_calc_en.html and go to the Antenna section. Observe the dynamics between the signal frequency, antenna diameter, and antenna gain of a parabolic antenna. 1....
-
Climate-change concerns are resulting in investment in fuels that dont produce greenhouse gases. Although solar and wind power garner a lot of attention, nuclear power from uranium is also a...
-
Which company shown below is likely a start-up company rather than an established company? Give reasons for your answer. Company X Company Y Cash inflow (outflow)-operating activities............$...
-
Taracare, Inc. operates a single factory in Ensenada, Mexico, where it fabricates and assembles a wide range of outdoor furniture for the US market, including chairs, tables, and matching...
-
Distinguish political and legal environments in international business. LO.1
-
a. Based upon the data in Exercise 18-7, determine the following: 1. Direct materials cost per equivalent unit. 2. Conversion cost per equivalent unit. 3. Cost of the beginning work in process...
-
Marigold Corporation began operations in 2020 and reported pretax financial income of $ 210,000 for the year. Marigold's tax Hepreciation exceeded its book depreciation by $ 34,000. Marigold's tax...
-
What are the major models of forecasting, and how different are they from each other?
-
Briefly explain the way by which a firm would know if it needs new financing.
-
Explain the difference between 'hedging' and 'hedge accounting'. In each case, what are the arguments in favour of doing them?
-
Suppose that your credit card activity for December looked like this: Date Activity December 5 $384 purchase December 11 $347 purchase December 16 $174 purchase December 21 $480 purchase December 25...
-
A research group surveyed 300 students. The students were asked how often they go to the movies and whether they prefer comedies or dramas. Their responses are summarized in the following table....
-
C. Prove the following (you can use any formal induction/other theoretical method, "A" means power here): i. ii. iii. What is the time complexity recurrence relation for Fibonacci numbers? Explain it...
-
You and your partner run a small business together, with separate work roles. You are responsible for the business budget and have researched an improved budget process which you felt needs to be...
-
The actual selling expenses incurred in March 2022 by Carla Vista Company are as follows: Variable Expenses Fixed Expenses Sales commissions Advertising $14,576 Sales salaries $34,700 12.174...
-
Atlantic Beach Casino, Inc. v. Marenzoni brief only the issue concerning the constitutionality of the municipal ordinances
-
What do you think?
-
Famas Llamas has a weighted average cost of capital of 8.8 percent. The companys cost of equity is 12 percent, and its pretax cost of debt is 6.8 percent. The tax rate is 22 percent. What is the...
-
The common stock of a company paid 1.32 in dividens last year. Dividens are expected to gros at an 8 percent annual rate for an indefinite number of years. A) If the company's current market price is...
-
(1 point) Bill makes annual deposits of $1900 to an an IRA earning 5% compounded annually for 14 years. At the end of the 14 years Bil retires. a) What was the value of his IRA at the end of 14...
Study smarter with the SolutionInn App