Question: Forecasting can be very tricky. If you were going to forecast what will happen in the next year for any given company, what would you

Forecasting can be very tricky. If you were going to forecast what will happen in the next year for any given company, what would you say was going to happen? Pick a specific company and give reasons why you think things will go this way.

1. How will COVID-19 impact the company?

2. How will current political events affect the company?

3. How about unemployment and other current events?

(This can be short and brief since it's for a discussion for my financial modeling spreadsheets course)

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 Accounting Questions!

After retiring as a physician, Bob Guthrie became an avid downhill skier on the steep slopes of the Utah Rocky Mountains. As an amateur inventor, Bob was always looking for something new. With the...

Chapter 05 - Planning for and Recruiting Human Resources Chapter Five: Planning for and Recruiting Human Resources Human Resource Management 3rd edition by R.A. Noe, J.R. Hollenbeck, B. Gerhart, and...

As she drove, Beck reflected on all that had transpired in her career since she earned her MBA in 2002. She had started her business, Beck Consulting Corporation (BCC) a year after graduation. Over...

part 1 Please list the scenarios you played. 1. students need to play 2 scenarios. For grading purposes, I will select the best two scenarios for graduate students and the best one for undergraduate...

1.Is Warren correct in saying there is more to us than meets the eye? Explain. 2.If you are Warren, explain how you would attempt to convince the rating agencies that the firms debt rating should be...

Discussion Questions 1. What do you expect will be the impact of growing Beck Consulting Corporation from approximately 40 people to double that size? Are isolated tensions and ambiguities indicative...

There's More to Us Than Meets the Eye! "Scott, the board of directors' meeting is scheduled two weeks from today, and I'm depending on you to come up with a realistic and honest appraisal of our...

PLEASE ANSWER QUESTION NUMBER 5 & 6 per y Tell m Office Update To keep up-to-date with security updates, fixes, and improvements, choose Check for Updates. E13 XV fe 1188440 A B D E E F G H 1 K 1 1 L...

8. How does Beck allocate the work that needs to be accomplished for clients? How do employees know what work they are to do? How do employees know who their boss is? How do employees know how to...

Thomas Green winced as he reread an e-mail message from his new boss, Frank Davis, marketing director for the travel and hospitality group at D7 Displays. Tom, this weeks client meetings went well,...

Solid carbon is burned with stoichiometric air in an SSSF process. The reactants at T0, P0 are heated in a pre-heater to T2 = 500 K, with the energy given by the product gases before flowing to a...

Johns Cream Soda, Inc., makes specialty soft drinks. At the end of 2012, Johns had total assets of $390,000 and liabilities totaling $260,000. Requirements 1. Write the companys accounting equation,...

When the 1 0 - day moving average crosses above the 5 0 - day moving average; that is a bullish signal Group of answer choices moving averages have nothing to do with technical analysis false true

The following items were extracted from the 2008 financial records of Cummins, Inc. (dollars in millions): Allowance for doubtful accounts During the following year, the company wrote off $11 of...

On December 12, Woodington sold goods on account for a gross price of $40,000. The terms of the sale were 2/10, n/30. As of December 31, when financial statements were prepared, no payment had been...

The following items were taken from the financial records of Melvin Construction Company. (a) $2,000 in a checking account. (b) $8,000 invested in a treasury note due to mature in 90 days. (c) $3,000...

Charlies Cycles Inc. has $110 million in sales. The company expects that its sales will increase 5% this year. Charlies CFO uses a simple linear regression to forecast the companys inventory level...

The 2011 and 2012 financial statements of Ken's Sportswear follow: a. Compute all relevant ratios for 2012.b. Prepare common-size financial statements.c. Evaluate the company's financial performance...

Prompt: This is the last week of the course, and the goal is to reflect on your learning experience. Reflection is part of the learning process that involves personal growth. As a professional in...

=+2. A brand asks you to be a partner in creating awareness of a new barre/fitness center in your town. The company is interested in generating buzz for the opening among the fitness community...

=+2. What are some unique characteristics of powerful influencers that are relevant for social media campaigns?

=+3. Identify the differences between influencers, creators, ambassadors, and haters/trolls. What main concerns do brands and social media professionals need to be aware of for each type of audience...