Why are sales forecasts important to developing a firm’s financial forecast?
Give some examples of spontaneous and discretionary sources of financing.
What are the basic elements of a cash forecast?
How is a cash budget used in financial forecasting?
Describe the primary types of risks that a firm might face.
What is insurance and how is it used to manage risk?
What is a forward contract? Contrast a forward contract with a spot contract.
What are the limitations of forward contracts as tools for managing risk?
Define and contrast the following types of financial derivatives: Options, futures and forwards
What are the six factors that determine the value of an option contract?