The financial data and projections section of the marketing plan for Paradise Kitchens includes two subsections:
A)past sales revenues and current sales revenues.
B)current sales revenues and revenues projected for the next year.
C)current sales revenues and revenues projected for the next five years.
D)past sales revenues and revenues projected for the next five years.
E)current debt and requested financing.

Question

Quizplus · Accepted Answer

The financial data and projections section should include past sales revenues as well as revenues projected for the next five years. This will provide an overview of how the company has been doing financially and what the future may hold. Including only current sales revenues and revenues projected for the next year would not provide enough information for long-term planning. Current debt and requested financing may be included in a separate section on funding and financial needs.

The Financial Data and Projections Section of the Marketing Plan