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teranine teranine
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A month ago
Which of the following is NOT true?

▸ The process of preparing financial forecasts begins by preparing a projected income statement.

▸ The relationship between sales and some costs may be complex, for example sales and fixed costs.

▸ Interest expenses are commonly based on a percentage of sales.

▸ In preparing a projected income statement, start with a sales or revenue forecast prepared by marketing personnel.
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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angelord2510angelord2510
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A month ago
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teranine Author
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A month ago
Thank you, thank you, thank you!
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Yesterday
Correct Slight Smile TY
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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