Financial forecasts are required by lenders because they want to know how they will be paid back; investors will use the forecasts to value the company.
Answer the following statement true (T) or false (F)
True
Rationale: Both lenders and investors want to know how they will be paid back.
You might also like to view...
Merchandise subject to terms 1/10, n/30, FOB shipping point, is sold on account to a customer for $25,000. The seller paid freight costs of $2,000 and issued a credit memo for $10,000 prior to payment. What is the amount of the cash discount allowable?
A) $170 B) $150 C) $130 D) $250
Which of the following is a metric of sales and pipeline?
A) net promoter score B) closed sales by product C) partner recruitment status D) customer referral score
List five examples of liabilities whose amounts are determined based upon contractual amounts. ?
What will be an ideal response?
A firm's decisions regarding channel type, market exposure, and kinds of intermediaries would fall under the marketing mix variable of
A. Promotion. B. Place. C. Price. D. Product. E. People.