Finance Numericals

There are different types of forecasting done by the business organisation to ascertain the future of a business entity. Similarly different types of forecasting are done to know the economic condition under which company work. Types of economic forecasting are: ·          Short term Forecast ·          Intermediate forecast ·          Long term forecast The short term forecast includes less than a year period. In this forecast the company can find out the economic conditions which affect the company’s work for short period. The short term forecast is useful for speculators who earn high return by holding securities for short term.   The intermediate forecast includes more than a year period but less than 5 year. In this forecast the company can find out the economic conditions which affect the company’s work for more than a short period. The long ...