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If you were working in Calgary, Alberta and all of your ERP application ran from a computer located in Mississauga, Ontario you would be using a _____ infrastructure.
External Financing
Funds a company obtains from outside sources, like bank loans or selling shares, to finance its operations.
Pro Forma Statements
Financial statements that project a company's financial performance based on hypothetical scenarios or future projections.
Percentage of Sales Approach
A financial forecasting method where various financial statement items are predicted as a percentage of sales.
Retained earnings
Earnings accumulated by a company up to the present moment, subtracting any dividends or payouts made to investors.
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