Examine MWWs financial goals as reported in its annual report (page A-12). a. What are MWWs conservative

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Examine MWW’’s financial goals as reported in its annual report (page A-12).

a. What are MWW’s conservative and optimistic forecasts for combined corporate and franchise store sales for fiscal 2002?

b. Is it useful for stakeholders to receive forecasts of revenues? Explain. What are some of the concerns you might have about receiving forecasts from MWW’s management? Can you think of alternatives for who should prepare forecasts of future years’ sales?

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