公司财务模型和长期计划讲义.pptVIP

Chapter Outline;26.1 What is Corporate Financial Planning?;26.1 What is Corporate Financial Planning?;What Will the Planning Process Accomplish?;26.2 A Financial Planning Model: The Ingredients;Sales Forecast;Pro Forma Statements;Asset Requirements;Financial Requirements;Plug;Economic Assumptions;A Brief Example;A Brief Example;A Brief Example: EFN;The Steps in Estimation of Pro Forma Balance Sheet:;The Steps in Estimation of Pro Forma Balance Sheet: (continued);26.3 What Determines Growth?;26.3 What Determines Growth?;The Sustainable Growth Rate in Sales ;Uses of the Sustainable Growth Rate;2