How's the activity? Did you enjoy it? I bope so. This part is the generalization
which contains the summary of what you learned. I want you to fil in the blanks to
complete the sentence below.
1. in forecasting, it is important to examine the critical values that affect the
industry and business that one is in and assess how these variables will behave
so that __________________.

2. In the deciphering the past financial condition of an enterprise, we have to
quantify the relationships of the many items found in the different financial
statements because ____________.

3. Market prices tend to be relatively low in a very competitive business for the
Tenson that _____________.

4. It is important to realize that if one expects inflation to affect major items in the
Cost of Sales and in the selling prices of the company, then there is a need to _____________.

5. The forecaster can use either short or long term loans to fund any shortfall in
the financing assets for the reason that _________________​