Please be reminded that to earn DQ credit, your initial post should meet at least 200 words to qualify for any credit; to earn participation credit
DQ 1How do you define strategic planning? What are some differences between strategic and financial planning? What financial problems might an organization encounter when implementing a strategic plan?
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DQ2 What information is needed to prepare a cash budget? What is the relationship between an operating and a cash budget? Why is it important for an organization to prepare a cash budget?
DQ3What is the break-even point (BEP)? What decisions does the break-even point help an organization make? What actions might an underperforming organization take to reach the break-even point?
DQ4 How do you explain the use of time value of money (TVM) in business? What considerations are made when calculating TVM? How may you use TVM to create your own, or someone else’s, retirement plan?
Please include any references and no Plagiarism please only 5% is allowable.