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on a balance sheet retained earnings are not unspent cash because long term financial plans begin...

on a balance sheet retained earnings are not unspent cash because






long term financial plans begin with

what do financial plans begin with

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Answer #1

1.

Correct Answer:

They have been used to finance the firm's assets that can bring more revenue to the firm. Besides, it also helps organize funds for investment project that could require funds from outside if retained earning were not available.

2.

Correct Answer:

Identify the investment needs that can bring forward the organization. These plans are set for more than one year duration to complete.

3.

Correct Answer:

Sales Forecasting. It helps to know the revenue capacity bring generated and resources required to meet the demand of market.

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