Answer true of false to each of the following. briefly explain your reasoning for each answer a. All else equal, increasing the projected amount of accounts receivable in a financial forecast will increase external funding required. b. Estimates of external funding required based on cash flow forecasts are usually higher than estimates based on pro forma financial statements. c. An annual financial forecast for 2018 showing no external funding required assures a company that no cash shortfalls are likely to occur during 2018.
Answer true of false to each of the following. briefly explain your reasoning for each answer a. All else equal, increasing the projected amount of accounts receivable in a financial forecast will increase external funding required. b. Estimates of external funding required based on cash flow forecasts are usually higher than estimates based on pro forma financial statements. c. An annual financial forecast for 2018 showing no external funding required assures a company that no cash shortfalls are likely to occur during 2018.
Financial Management: Theory & Practice
16th Edition
ISBN:9781337909730
Author:Brigham
Publisher:Brigham
Chapter12: Corporate Valuation And Financial Planning
Section: Chapter Questions
Problem 6Q: Suppose a firm makes the following policy changes listed. If a change means that external,...
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Answer true of false to each of the following. briefly explain your reasoning for each answer
a. All else equal, increasing the projected amount of accounts receivable in a financial
b. Estimates of external funding required based on cash flow forecasts are usually higher than estimates based on pro forma financial statements.
c. An annual financial forecast for 2018 showing no external funding required assures a company that no cash shortfalls are likely to occur during 2018.
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