« previous next »

Author Question: Shawn Jones was reading the business plan of New Venture Fitness Drinks, and noticed that prior to ... (Read 186 times)

student77

  • Hero Member
  • *****
  • Posts: 567
on: Jul 6, 2018
Shawn Jones was reading the business plan of New Venture Fitness Drinks, and noticed that prior to its financial forecasts, New Venture Fitness Drinks placed an explanation of the sources of the numbers for the forecast and the assumptions used to
 
  generate them. This explanation is called a(n) ________.
  A) forecast sheet
  B) forecast hypothesis
  C) estimate statement
  D) assumption sheet
  E) hypothesis sheet

Question 2

What is ratio analysis? Why is it important?
 
  What will be an ideal response?


kmb352

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jul 6, 2018
Answer to Question 1

D

Answer to Question 2

The most practical way to interpret or make sense of a firm's historical and pro forma financial statements is through ratio analysis. The ratios described in the textbook are divided into profitability ratios, liquidity ratios, and overall financially stability ratios. These ratios provide a means of interpreting the historical and pro forma financial ratios for a firm.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

International Performance in Reading, Math, and Science, Eight Grade International Performance in Reading, Math, and Science, Eight Grade
Ben Jones, Black Face and Arm Unit. Ben Jones, Black Face and Arm Unit.
A fuel-pressure reading does not confirm that there is enough fuel volume for the engine to ... A fuel-pressure reading does not confirm that there is enough fuel volume for the engine to ...
Plan of Trajan's Forum and Market "خطة منتدى ترجان والسوق" Plan of Trajan's Forum and Market "خطة منتدى ترجان والسوق"
business solution business solution
Reading a dideoxy DNA sequencing gel Reading a dideoxy DNA sequencing gel
Video: Optic Nerve and Optic Disk Animation (Part 1 of 2)

For a complete list of videos, visit our video library