ch17 Financial Planning and Forecasting 财务相关管理基础课件.pptVIP

CHAPTER 17Financial Planning and Forecasting;Balance sheet (2002),in millions of dollars;Income statement (2002),in millions of dollars;Key ratios;Key assumptions;Forecasted Income Statement (2003);2003 1st Pass;2003 1st Pass;What is the additional financing needed (AFN)?;How will the AFN be financed?;2003 2nd Pass;2003 2nd Pass;Why do the AFN equation and financial statement method have different results?;Forecasted ratios (2003);What was the net investment in operating capital?;How much free cash flow is expected to be generated in 2003?;Suppose fixed assets had only been operating at 75% of capacity in 2002;How would the excess capacity situation affect the 2003 AFN?;If sales increased to $3,000 instead, what would be the fixed asset requirement?;How would excess capacity affect the forecasted ratios?;Forecasted ratios (2003)with projected 2003 sales of $2,500;How is NWC managing its receivables and inventories?;How would the following items affect the AFN?