Match the term with its definition.
-A method of forecasting asset requirements using a ratio of assets to sales
A)cash budget
B)line of credit
C)net working capital
D)percentage-of-sales technique
E)pro forma financial statements
F)spontaneous debt financing

Question

Quizplus · Accepted Answer

The percentage-of-sales technique is a method of forecasting asset requirements based on the historical ratio of assets to sales.

Match the Term with Its Definition