Discussion

Discussion

The one sure thing about financial projections is that they will be wrong—perhaps by only a little, or perhaps by a lot. But managers must still make decisions. In fact, making no decision is really a type of decision—a choice to do nothing.

In your initial post, answer this question: How can you explain the uncertainties in financial projections without scaring your audience?

 

 

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Discussion

Financial projections are estimations that are made today about the future. These projections include the amount of revenue that the company intends to collect from its operations in the market. However, financial projections are often wrong and do not necessarily mean that what has been projected will take place (Muro, 2017).

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