BUS 402 WEEK 7 DISCUSSION

"Sales Forecasting and Cash Flow" Please respond to the following: 

• An  important step in developing a projected (pro forma) income statement  is to create a sales forecast and calculate anticipated revenue for the  business. Imagine you are creating a business: develop a sales forecast  and estimate revenue for the first year of operation, and describe the  process you used to arrive at your estimates. 
• The  three (3) primary causes of cash flow problems in a business are  accounts receivable, accounts payable, and inventory. Imagine you are  creating a business: identify one (1) cause of cash flow problems that  you believe will be the most challenging for your company. Next, discuss  the strategies you will use to mitigate problems in this area.

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