fads Flashcards
1
Q
The long-range time period on which the financial planning process focuses.
A
Planning Horizon
2
Q
The process by which smaller investment proposals of each of a firm’s operational units are added up and treated as one big project.
A
Aggregation
3
Q
A financial planning method in which accounts are varied depending on a firm’s predicted sales level
A
Percentage of sales approach
4
Q
The addition to retained earnings divided by net income
A
Retention/plowback ratio
5
Q
A firms assets divided by sales or the amount of assets needed to generate $1 in sales.
A
Capital intensity ratio