A. True or False: Write T if the statement is correct. If it is not, write F, and state your reason briefly. 1. Financial planning applies only to the area of business finance. 2. Financial planning is solely undertaken by the finance unit of an organization. 3. The projected financial statements can be prepared without determining the level of operating expenses. 4. The preparation of financial plan gets more difficult once capital expenditures are included in the projected cost 5. Sales predictions based on previous sales are considered final in making the financial plan. 6. The long-term financial plan need not be congruent to the vision of a business. 7. The vision of the business defines its short-term financial direction. 8. Financial goals are broader than financial objectives 9. The production schedule is prepared ahead of the sales forecast 10. The financial plan is easily prepared and becomes logical if the expected cost and expenses are determined first. 11. Financial planning is making a forecast on the financial operation of the business. 12. The first step in preparing a financial plan is to determine the expected cost and expenses. 13. Long-term and short-term financial securities are ordinarily traded in the capital market. 14. The sales performance of previous years can serve as the most logical basis in predicting the future sales of the business. level 15. The additional funds needed must be determined once sales are expected to remain at a steady

Question 4. Working with Numbers and Graphs Q4 The face value of a bond is $6,000, and the annual coupon payment is $180. The coupon rate is_

What is the role of financial planning in an organization? Edit View Insert Format Tools Table 12m V Paragraph y A V B T U A -2 ✓ T² V

3. Which of the following must be included in an organization’s statement of accounting profits for the statement to be of use?a. the estimated amount the organization could have earned pursuing other optionsb. the extent to which technological improvements increased productivityc. the percentages planned for reinvestment or distribution to investorsd. the period in which the profit was earned, such as a year or a quarter

File Edit Format View Help When someone opens a business, it is because they want to fulfill important personal financial goals. In publicly traded companies, managers and employees work on behalf of the shareholders, who own the business through their ownership of company stock. These managers and employees have an ongoing obligation to pursue projects, policies, and corporate investments that will increase or promote stockholder value over the long term. Although many companies focus on financially related goals, such as growth, earnings per share, and market share, the main financial goal is to create value for investors. Keep in mind that a company's stockholders are not just an abstract group. Like the sole business owner, they are individuals who have chosen to invest their hard-earned cash in a company. They are looking for a return on their investment in order to meet their own personal long-term financial goals, which might be saving for retirement, a new home, or college…