Projection (business)

From Conservapedia - Reading time: 1 min

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A projection is a financial estimate, prepared by a business, if certain events occur. For example, a business may run a projection of estimated sales if they increase or decrease the price of their product. Or they may project the impact, on cash flow, of a sale/leaseback arrangement of their head office building.

While a projection is not a forecast or a budget, it is often the basis for one or the other.