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The advantages of mail surveys include not only the elimination of a field staff,but simpler monitoring of interviewer bias,because the supervisor can be present at the time the mailings are developed.
External Financing
Funding obtained from sources outside the company, including bank loans, issuance of equity or debt, and other borrowing avenues.
Sales Forecast
An estimation of the sales a company expects to achieve over a certain period in the future.
Additional Funds Needed (AFN)
Those funds required from external sources to increase the firm’s assets to support a sales increase. A sales increase will normally require an increase in assets. However, some of this increase is usually offset by a spontaneous increase in liabilities as well as by earnings retained in the firm. Those funds that are required but not generated internally must be obtained from external sources.
Pro Forma Financial Statements
Financial documents that project a company's future financial performance based on certain assumptions.
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