Corporate Finance: The Core (4th Edition) (Berk, DeMarzo & Harford, The Corporate Finance Series)
Corporate Finance: The Core (4th Edition) (Berk, DeMarzo & Harford, The Corporate Finance Series)
4th Edition
ISBN: 9780134202648
Author: Jonathan Berk, Peter DeMarzo
Publisher: PEARSON
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Chapter 27.1, Problem 1CC
Summary Introduction

To discuss: Forecasting aspects of a firm’s future cash requirement.

Introduction:

The first and foremost step in short-term financial planning is forecasting. Forecasting refers to the prediction of uncertain events of future happenings.

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