Yes, large corporations use financial modeling to help predict their future revenues. You can read more about this at www.palisade.com/books/financial_models_II.asp
dont know go and find it out x
Fiancial modeling is the process of making a representation of the decision making situation. You can hire consultants to perform these, but since there are literally dozens of types no specific company specializes in it. Financial modeling is tries to predict the behavior of a certain asset or financial decision. Often these involves spreadsheets in Microsoft Excel. Any CPA firm or investment advisor should be able to help you with financial modeling.
Financial modeling is used to predict performance and evaluate operating plans or scenarios. There are many different sources that offer very different ideas of what constitutes a good financial model, but most involve a project planning stage, goal setting, evaluation of variables, testing of the model and finally presentation.
True
The logistic growth model is a mathematical formula frequently used to predict population fluctuations in a community. It takes into account factors like carrying capacity and growth rate to model how a population grows over time.
How will managers use financial information to predict outcomes for business?
It can hep to predict the sales of the corporations. It can help to get a feedback to consumers.
no
A project that would accurately showcase financial planning and forecasting would be a budgeting project. A budget would clearly show the value in planning and being able to predict future financial costs.
The purpose of modeling is an attempt to predict future activity from past experience. If something happens so many times, it is likely to happen again.
Managers rely on financial information to determine the number of employees needed to complete specific duties and the cost of products and materials in order to complete tasks.
It allowed them to predict and plan their production processes. They controlled their supply of raw materials. It allowed them to control all aspects of sale and manufacture of a single product.