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

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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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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