Strategic Management A Competitive Advantage Approach Concepts and Cases
A Projected Financial Analysis Can Be Used to Forecast the Impact
A projected financial analysis can be used to forecast the impact of various implementation decisions.
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When performing projected financial analysis,the balance sheet should be prepared before the income statement.
The percentage-of-sales method should be used for projecting the cost of goods sold in the income statements.
The percentage-of-sales method should be used for projecting interest and taxes,but not dividends,in the income statements.
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