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1. What are the tools of financial planning, and the steps in the planning process? Provide details for your response.

2. State and describe the analytical technique for studying the relationship between sales, revenues, operating costs, and operating profit. Provide details for your response.

3. Problem question: In its most recent fiscal year, SynoCorp generated $810,000 in sales. The firm was operating at 90 percent capacity. How much more sales can SynoCorp generate before it is at full capacity.