Question: financial planning involves estimating projected cash flows, which is useful for all the following except: 1. Setting internal goals. 2. poviding information to shareholdersand other

financial planning involves estimating projected cash flows, which is useful for all the following except:

1. Setting internal goals.

2. poviding information to shareholdersand other external stakeholders concerning the firm's future expectations.

3. estimating the firms future needs for internal and external financing.

4. Auditors to determine if the company's annual report is true and correct.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!