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Discuss the shortcomings of the percent of sales method of financial forecasting?
Wiki User
∙ 12y ago
The percent of sales method of forecasting needs to based on a series of assumptions, and the forecasting would heavily relay on the percent of sales as the key tool for forecasting. Furthermore, the percentage of sales for the next period cannot prevent the forecasting result from the expectations of the investors.
Wiki User
∙ 12y ago
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