Earth Sciences homework help
Earth Sciences homework help. Joe Fatcat, an investment banker, states, It is not worth my while to worry about detailed long-term forecasts. Instead, I use the following approach when forecasting cash flows beyond three years: I assume that sales grow at the rate of inflation, capital expenditures are equal to depreciation, and that net profit margins and working capital to sales ratios stay constant. What pattern of return on equity is implied by these assumptions? Is this reasonable?
Get Your Custom Essay Written From Scratch
We have worked on a similar problem. If you need help click order now button and submit your assignment instructions.
Just from $13/Page
