Unformatted text preview: coming cash flows using capital budgeting methods. In contrast with long-standing corporation, such companies devote a very serious attention to financial forecasting because usually high cost involved short term & long term projects are at stake. they have previous years data of their financial statements & previous quarterly results which they use in evaluating how they have performed in the past what rate of return they are expecting in future with the projects lined up, how much tuned is there organization with the internal & external environmental conditions. What would be NPV & IRR of their projects? Because it’s not just the profits but it’s also the reputation of the company is at stake....
View Full Document
This note was uploaded on 05/07/2010 for the course ACCOUNTING ACC225 taught by Professor Professor during the Spring '10 term at University of Phoenix.
- Spring '10