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New page: A projection is a financial estimate, prepared by a business, if certain events occur. For example, a business may run a projection of estimated sales if they increase or decrease the pri...
A projection is a financial estimate, prepared by a business, if certain events occur. For example, a business may run a projection of estimated sales if they increase or decrease the price of their product. Or they may project the impact, on cash flow, of a sale/leaseback arrangement of their head office buiding.
While a projection is not a forecast or a budget, it is often the basis for one or the other.
[[Category:Business]]
[[Category:Finance]]
[[Category:Accounting]]
While a projection is not a forecast or a budget, it is often the basis for one or the other.
[[Category:Business]]
[[Category:Finance]]
[[Category:Accounting]]