Financial statements can include which three documents Income statement Balance Sheet ☐ Competition analysis Pro forma cash flows Succession planning Two of the main purposes of a statement of pro forma cash flows are to Plan for anticipated shortages of cash Communicate sales objectives to sales staff and site supervisors Take a best guess at cash requirements going forward to create realistic goals Create favorable view of the business for lenders

Managerial Economics: A Problem Solving Approach
5th Edition
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter1: Introduction: What This Book Is About
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Financial statements can include which three documents
Income statement
Balance Sheet
☐ Competition analysis
Pro forma cash flows
Succession planning
Transcribed Image Text:Financial statements can include which three documents Income statement Balance Sheet ☐ Competition analysis Pro forma cash flows Succession planning
Two of the main purposes of a statement of pro forma cash flows are to
Plan for anticipated shortages of cash
Communicate sales objectives to sales staff and site supervisors
Take a best guess at cash requirements going forward to create realistic goals
Create favorable view of the business for lenders
Transcribed Image Text:Two of the main purposes of a statement of pro forma cash flows are to Plan for anticipated shortages of cash Communicate sales objectives to sales staff and site supervisors Take a best guess at cash requirements going forward to create realistic goals Create favorable view of the business for lenders
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