Advantages of using short-term financing
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1. Describe, in general, the steps involved in using the percent of sales forecasting method to generate pro forma financial statements.
2. Explain why return on invested capital may be a better performance ratio than return on assets when comparing two companies.
3. List the advantages of using short-term financing and the advantages of using long-term financing for a firm's working capital.
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This discusses the advantages of using short-term financing and the advantages of using long-term financing
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1. Describe, in general, the steps involved in using the percent of sales forecasting method to generate ...
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