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Financial Forecasting

Author: Sophia Media
Video Transcript
Terms to Know
Capacity

Maximum level of output that can be produced by the firm.

Financial Forecast

Best estimate of what the financial performance of a company will be over the next year using the firm's historic financial and accounting data.

Financial Modeling

The task of building an abstract representation (a model) of a financial decision-making situation.

Formulas to Know
Additional Funds Needed

AFN equals increase space in space assets minus spontaneous space increase space in space liabilities minus any space change space in space r e t a i n e d space e a r n i n g s