Explain the steps in financial forecasting. Betty Simmons, the new financial manager of Southeast Chemicals (SFC), a

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Explain the steps in financial forecasting.
Betty Simmons, the new financial manager of Southeast Chemicals (SFC), a Georgia producer of specialized chemicals for use in fruit orchards, must prepare a financial forecast for 2010. SEC€™s 2009 sales were $2 billion, and the marketing department is forecasting a 25% increase for 2010. Simmons thinks the company was operating at full capacity in 2009, but, she is not sure about this. The 2009 financial statements, plus some other data, are shown below:
A. 2009 Balance sheet (Millions of Dollars)

Explain the steps in financial forecasting. Betty Simmons, the n

B. 2009 Income Statement (Millions of Dollars)

Explain the steps in financial forecasting. Betty Simmons, the n

C. KeyRatios

Explain the steps in financial forecasting. Betty Simmons, the n

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
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