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In understanding the marketplace and future trends, Strident Marks will be more enabled to predict future trends and thus better predict sales. Associating the probability of events occurring and assigning percentages to these events will aid Strident Marks in forecasting future sales. This in coordination with our knowledge of events that correlate to our sales, will allow us to effectively forecast our sales and budget for them. By correlation, I mean other sales or events that occur that relate directly to an increase in demand for our products (Gallagher and Andrew, 2003).
In financial forecasting, Strident Marks will use the knowledge and methods previously discuss to construct pro forma financial statements...
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Common topics in this essay:
- Costco's Extravagant Labor Costs Help Stockholders
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- Financial Forecasting Riordan Manufacturing
- Financial Forecasting
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