The First Step Involved in Predicting Financing Needs Is

question 80

Multiple Choice

The first step involved in predicting financing needs is

• A) projecting the firm's sales revenues and expenses over the planning period.
• B) estimating the levels of investment in current and fixed assets that are necessary to support the projected sales.
• C) determining the firm's financing needs throughout the planning period.
• D) none of the above.

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