Ask Questions, Get Answers
2
Points
Asked by lshaw11 - 2 years ago
Best Answer
Richard Level 77 / Retired Dentist
Answered 2 years ago
-
Your budget is used to determine what kind of investments you can make. This works by determining how long it will be before you need what money you have for certain expenses. You buy various types of investments according to this.

Budgets of a company are not good for determining their investment quality.
For this you need three years of comparitive financial statements as well as their P&L. For a start-up, you need their cash flow and business plan.

Please remember to select a best answer button.
Source I was a financial analyst.
Related Questions
Need Answers Instantly?
About this Question
Answered
- Compliments
1 Answer
1K Views
Question Discussion
Top Users this Week
joensf Level 80 Professor
+1K
Exp
rredrick Level 46 Grad School
+1K
Exp
labarca Level 66 PhD
+1K
Exp
kelarsen Level 38 College
+1K
Exp
demon Level 48 Grad School
+748
Exp
Additional Links