Which of the following is not one of the steps taken in the financial planning process?
a. p...
Business, 18.11.2019 17:31 lizdeleon248
Which of the following is not one of the steps taken in the financial planning process?
a. projected ratios are calculated and analyzed.
b. assumptions are made about future levels of sales, costs, and interest rates for use in the forecast.
c. develop a set of projected financial statements.
d. the entire financial plan is reexamined, assumptions are reviewed, and the management team considers how additional changes in operations might improve results.
e. consult with key competitors about the optimal set of prices to charge, i. e., the prices that will maximize profits for our firm and its competitors.
Answers: 3
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