Why do think most long-term financial begins with sales, Financial Management

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Why do think most long-term financial begins with sales

1. Has the distinction between direct and indirect forms of finance become more or less important in recent times? Why?

2. Why do think most long-term financial begins with sales forecasts? PUT differently, why are future sales the key input?

3. The replicating portfolio for a call option is created by ________ a fraction of a share of the underlying stock and ________ a risk-free loan

Buying / Lending

Buying / Borrowing

Selling / Lending

Selling / Borrowing

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Financial Management: Why do think most long-term financial begins with sales

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Financial Management: Why do think most long-term financial begins with sales

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