1. In Asia, some countries are continuing to burn large quantities of coal and are considering investing in yet more fossil fuel generation unless they can be persuaded that renewables are a better option.
Vietnam’s economy, which is a socialist-oriented market economy, is the 36th-largest in the world as measured by nominal gross domestic product and 23rd-largest in the world as measured by purchasing power parity.
Currency: Vietnamese dong
Gross domestic product: 245.2 billion USD (2018)
GDP per capita: 2,566.60 USD (2018)
GDP growth rate: 7.1% annual change (2018)
GNI per capita: 6,930 PPP dollars (2018)
Gross national income: 661.8 billion PPP dollars (2018)
Internet users: 70.3% of the population (2018)
For countries like Vietnam, with a mix of shallow and deep water, wind power could solve their entire electricity needs. In theory, offshore wind power could produce ten times the amount of electricity that the country currently gets from all its current power stations.
Which world finance agency should Vietnam apply for fund to assist in going green? Please explain.
Pro Forma Financial Statements.
2.Watch the LinkedIn Learning video
https://www.linkedin.com/learning/forecasting-using-financial-statements
Financial forecasting is essential to the strategic growth of the firm and there are various methods to prepare pro forma financial statements and determine the amount of additional funds needed. The percent-of-sales method may also be used for forecasting on a less precise basis. After going through the videos, discuss the pros and cons of percent-of-sales method for forecasting.
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