Ends Apr 27 Explain why we start with Sales forecasts when we do our financial forecasting. What are the limitations of the Percent of Sales Forecasting method?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter4: Financial Planning And Forecasting
Section: Chapter Questions
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Ends Apr 27
Explain why we start with Sales
forecasts when we do our financial
forecasting. What are the limitations
of the Percent of Sales Forecasting
method?
Transcribed Image Text:Ends Apr 27 Explain why we start with Sales forecasts when we do our financial forecasting. What are the limitations of the Percent of Sales Forecasting method?
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