Which of the following is not one of the steps taken in the financial planning process?
a. projected ratios are calculated and analyzed.
b. assumptions are made about future levels of sales, costs, and interest rates for use in the forecast.
c. develop a set of projected financial statements.
d. the entire financial plan is reexamined, assumptions are reviewed, and the management team considers how additional changes in operations might improve results.
e. consult with key competitors about the optimal set of prices to charge, i. e., the prices that will maximize profits for our firm and its competitors.

Special order carson manufacturing, inc., sells a single product for $36 per unit. at an operating level of 8,000 units, variable costs are $18 per unit and fixed costs $10 per unit. carson has been offered a price of $20 per unit on a special order of 2,000 units by big mart discount stores, which would use its own brand name on the item. if carson accepts the order, material cost will be $3 less per unit than for regular production. however, special stamping equipment costing $4,000 would be needed to process the order; the equipment would then be discarded. assuming that volume remains within the relevant range, prepare an analysis of differential revenue and costs to determine whether carson should accept the special order. use a negative sign with answer to only indicate an income loss from special order; otherwise do not use negative signs with your answers.