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Asked by lshaw11 - 1 year ago
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Richard Level 75 / Retired Dentist
Answered 1 year ago
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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.
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