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Problem:

What is the next step in the financial planning process after a firm develops a sales forecast?

Select one:

A. determine additional funds needed to finance operations

B. determine the assets required to meet the sales target

C. determine the firm's optimal capital structure

D. estimate the degree of operating leverage

Explain in detail and also show all work please provide step by step solution.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91146684

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