Difference between revisions of "Projection"
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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...) |
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Revision as of 19:40, November 20, 2007
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.