Willard may be able to forecast his asset needs using the ____________ technique.
A) percentage-of-inventory
B) percentage-of-equity
C) percentage-of-debt
D) percentage-of-sales

Question

Quizplus · Accepted Answer

The percentage-of-sales technique is commonly used to forecast asset needs. This technique involves estimating future sales and then determining the amount of assets needed to support those sales. Willard can use this technique to forecast his asset needs based on his projected sales figures.

Willard May Be Able to Forecast His Asset Needs Using