Question: Why should you be careful not to use historical percentages
Why should you be careful not to use historical percentages blindly in developing projected financial statements?
Answer to relevant QuestionsIn developing projected financial statements, what should you do if the $ amount you must put in the cash account (to make the statement balance) is far more (or less) than desired? Define and give an example of business analytics. Why is this technique becoming so widely used in organizations today? BellSouth Services is considering putting divisional EFE and IFE matrices online for continual updating. How would this affect strategy evaluation? Develop a Balanced Scorecard for a local fast food restaurant. Evaluating strategies on a continuous rather than a periodic basis is desired. Discuss the pros and cons of this statement.
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