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Financial Management > Week 5 > Flashcards

Week 5 Flashcards

1
Q

What are the three steps in percentage-of-sales forecasting?

A

Look at text book

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2
Q

What is the percentage of sales method?

A

A financial forecasting tool that involves using previous and current sales data to help companies predict financial changes

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3
Q

What is the percentage of sales formula?

A

(Line item/total sales) x 100

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Financial Management (7 decks)

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