-Technological advances are difficult to predict. One great advance can replace or substitute for existing products in a relatively short period of time. As shown in the Logitech-Skype ad above, the Logitech Web TV HD camera with Skype connectivity are most likely to replace or substitute for __________.
Definitions:
Asset Structure
The composition of a company's fixed assets and current assets, which shows how the company's resources are invested in different types of assets.
Financial Plan
A detailed strategy outlining an individual's or organization's financial goals and the means and timeline for achieving them.
Pro Forma Sales Forecasts
Pro forma sales forecasts are projected financial statements showing expected sales revenue, often used for planning and investment assessment.
Pro Forma Statements
Financial statements that project a company's financial performance in the future, based on certain assumptions and adding or excluding non-recurring items.
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