please Question $1$

Select the correct sequence for developing forecasts:

Sales, PM$,$ then ATO

Sales, ATO, then PM

None of these

Sales growth, NOPAT, then NOA

Question $2$

When forecasting, why do we ignore the financial aspects of the enterprise?

None of these

Because top management controls the financing decisions, and by forecasting the value of operations,

we can ignore those financing decisions

Because financing decisions imvolves tax benefits

Because financing decisions are too difficult to solve

Question $3$

Why do analysts sometimes perform parsimonious forecasting instead of full$-$information

forecasting?

Parsimonious forecasting is simpler to execute and saves time

Parsimonious forecasting often generates more accurate forecasts

Parsimonious forecasting is more popular among top analysts

All of these

Question $4$

Why is the forecast of revenue growth critical in valuation?

Top management is very focused on revenue growth

Revenue is the primary driver of value and many expense items as well as components in NOA

Revenue is the top number in an Income Statement

None of these

Question $5$

After forecasting sales, PM and ATO, how are these forecasts evaluated for reasonableness?

Whether they are consistent with top management's forecasts

Whether they are consistent with external analysts' forecasts

All of these

Whether the implied RNOA is within an industry averagehelp.