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Why do businesses spend time, effort, and money to produce forecasts? Explain.Businesses succeed or fail relies on how well organized they are to deal with the situations they confront in the future. Hence they expend considerable sums by making estimates (forecasts) of what the future situation is similarly to be. Businesses develop new products, set production quotas, and choose financing sources based on forecasts about the future economic environment and the firm's circumstances. If economists expect interest rates will be comparatively high, for instance, firms may plan to limit borrowing and defer expansion plans.
What are the types of major types of finance companies? There are three main types of finance companies: a. Sales finance institutions which make loans to customers of a cer
Question 1 What are the limitations of management accounting? Question 2 Explain the significance of financial analysis Question 3 What are the advantages of the value a
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How Compound values can be calculated on anannual basis Compound values can be calculated on anannual basis, or on a half-yearly basis or on a monthly basis or on continuous ba
Discuss the applicability of an operating cycle in cabbage growing business in Uganda.
Zero base budgets: this is a new technique, which was first used by the US Department of Agriculture in 1961. Texas instruments, an MNC, have used it in the private sector. But,
Role of Government in the Financial Markets Many countries felt that the government should regulate certain aspects of the financial markets. Based on the history and culture o
undertake a critical review of the current academic literature to determine the reasons for benefits of and the costs to companies of cross listing.
Q. Illustrate Methods to Manage cash resources? There are several methods which may be of use in managing resources. The particular tool selected will depend on its reliability
Outsourcing Outsourcing is referring to purchase of parts from outside suppliers. Outsourcing is the external acquisition of services or components used in the production of go
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