ABSTRACT
Chapter 3 adds to our planning toolbox with explanations of budgeting and planning:
Cash ow•
Cash budgeting•
Sustainable growth•
Generation of • pro forma nancial statements
We assume you have some familiarity with the tools of nancial analysis that we will discuss, and so we present the methods here as a refresher. More detailed discussions can be found in Brigham and Ehrhardt (2008), Foster (1986), Helfert (1991), and Higgins (1996).