If we cannot predict the future perfectly, then why do firms engage in financial forecasting?

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Foundations Of Finance

ISBN: 9781292155135

9th Global Edition

Authors: Arthur J. Keown, John D. Martin, J. William Petty

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Question Posted: Feb 21, 2024 05:00 AM

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If we cannot predict the future perfectly, then why do firms engage in financial forecasting?

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While its true that perfect prediction of the future is not possible firms engage in financial forecasting for several important reasons Planning and DecisionMaking Financial forecasting provides a st...View the full answer

Foundations Of Finance

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