Difference between conservative and aggressive strategy

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1. Why might pro forma statements and the equation for external funds required (EFR) yield different projections for a firm's financing needs?

2. What is the difference between the conservative strategy, the aggressive strategy, and the matching strategy for funding the long-term trend and the seasonal fluctuations in a business? Which strategy is most risky? Which is least profitable?

Reference no: EM131316963

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