When forecasting balance sheet financials, an unusually high projected short-ter
ID: 2751758 • Letter: W
Question
When forecasting balance sheet financials, an unusually high projected short-term investment balance suggests which of the following?
Sales are projected to increase in coming years.
The company will need to sell additional stock.
The company could pay off debt in the next year.
Account receivables have dipped to an unacceptable level.
a.Sales are projected to increase in coming years.
b.The company will need to sell additional stock.
c.The company could pay off debt in the next year.
d.Account receivables have dipped to an unacceptable level.
Explanation / Answer
b. The company will need to sell additional stock.
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