A Firm's Final Sales Forecast Is Usually a Function of ________

question 182

Multiple Choice

A firm's final sales forecast is usually a function of ________.

• A) its net income
• B) the salesperson's estimates of demand
• C) internal and external factors in combination
• D) its accounts receivable

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Definitions:

Annual Interest

The amount of money that is paid in interest on an investment, loan, or savings account over the course of a year.

Maturity

The stage in an entity's life cycle, whether a financial instrument, product, or organism, where growth has stopped and it has reached full development.

Borrower Characteristics

Characteristics that describe individuals or entities seeking loans, including their credit history, income level, and financial stability.

Taxability

The condition of being subject to taxation by governmental authorities.