In developing projected financial statements, why should the preparer not use historical percentages too heavily?

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Strategic Management: A Competitive Advantage Approach, Concepts And Cases

ISBN: 9781292148496

16th Global Edition

Authors: Fred R David; Forest R David

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Question Posted: Jul 24, 2024 08:03 AM

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In developing projected financial statements, why should the preparer not use historical percentages too heavily?

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Strategic Management: A Competitive Advantage Approach, Concepts And Cases

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