1. The reliability of a short-term cash forecast depends most heavily on the quality of: a. Cost...
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Question:
1. The reliability of a short-term cash forecast depends most heavily on the quality of:
a. Cost of goods sold forecast
b. Current ratio forecast
c. Sales forecast
d. Shares outstanding forecast
2. What is the correct order of the following steps in preparing a projected income statement (not all steps may be show):
i. Project future net sales
ii. Project future net income
iii. Project future cost of goods sold
iv. Project future interest expense
Choose one answer a i, ii, iii, iv
Related Book For
Value at Risk The New Benchmark for Managing Financial Risk
ISBN: 978-0071464956
3rd edition
Authors: Philippe Jorion
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