Examlex
Debentures always have specific assets of the issuing company pledged as collateral.
Pro Forma Statement
An estimation or projection of future financial performance based on a company's current financial position and expected future transactions.
Capacity Utilization
The percentage of a business or industry's total possible production capacity that is actually being utilized.
Financial Planning Process
The financial planning process involves setting financial goals, analyzing current financial conditions, developing strategies to achieve those goals, and implementing and monitoring the strategy.
Planning Horizon
The long-range time period the financial planning process focuses on, usually the next two to five years.
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