One of the biggest benefits of creating a financial forecast of your company's financial statements is that: a)An entrepreneur will determine how the company performed over the last few years b)The bank will loan you money based on projected sales c)The shortfall of projected cash reveals how much outside capital you need d)An entrepreneur gets to cross it off their long "to-do" list of tasks
One of the biggest benefits of creating a financial forecast of your company's financial statements is that: a)An entrepreneur will determine how the company performed over the last few years b)The bank will loan you money based on projected sales c)The shortfall of projected cash reveals how much outside capital you need d)An entrepreneur gets to cross it off their long "to-do" list of tasks
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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One of the biggest benefits of creating a financial forecast of your company's financial statements is that:
a)An entrepreneur will determine how the company performed over the last few years
b)The bank will loan you money based on projected sales
c)The shortfall of projected cash reveals how much outside capital you need
d)An entrepreneur gets to cross it off their long "to-do" list of tasks
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