What is the financial planning process what is a strategic, Finance Basics

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What is the financial planning process what is a strategic

1. What is the financial planning process? What is a strategic plan? Describe the roles that financial managers play with regard to strategic planning.

2. Briefly describe the following popular growth targets:

(1) accounting return on investment (ROI),

(2) economic value added (EVA®), and

(3) target growth rate of sales or assets. Which is most widely used and why?

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