Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. another one of the components in building a good m

Another one of the components in building a good model is historical analysis and forecast ratios....

90.2K

Verified Solution

Question

Finance

Another one of the components in building a good model ishistorical analysis and forecast ratios. Should this part of themodel be hard coded numbers or formulas?

Answer & Explanation Solved by verified expert
3.7 Ratings (279 Votes)
Having formula instead of hardcoding is always better when building a financial model by forecasting historical prices and financial ratios because of the following important reasons Checks become easier The chances of manual errors are    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

Another one of the components in building a good model ishistorical analysis and forecast ratios. Should this part of themodel be hard coded numbers or formulas?

Other questions asked by students

Q

In Exercises 31 36 use the four step procedure page 299 to find f x...

Basic Math
Q

QUESTION 1 We will be using spectrophotometry to determine the concentration of iron in solutions. First, you...

Chemistry
Q

what learning theories were used in educating Genie wileys after her abuse and neglect . specific...

Psychology
Q

5.4 Explain the following terms: (a) calibration chain (b) traceability (c) standards laboratory

Electrical Engineering
Q

The acceptable level for insect filth in a certain food item is 4 insect fragments...

Statistics
Q

Given a circle where the center is (-6, 8) and another point on the circle...

Calculus
Q

Ba Consider the infinite geometric sequence 162 54 18 6 Find the common ratio Enter...

Algebra
Q

Scatter Diagrams and High-Low Cost Estimation Assume the local Pearle Vision has the...

Accounting
Q

eBook Activity-Based Customer-Driven Costs Suppose that Stillwater Designs has two classes of distributors: HIT distributors...

Accounting
Q

A)Why is the evidence about effects on cost so varied? (B) Why is the evidence...

Accounting
Q

A dealer purchased machinery for $55,500.00 per unit. His overhead expenses are 30.00% of the...

Accounting
Q

A program flowchart illustrates the sequence of logical operations performed by a computer in executing...

Accounting