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stranahan stranahan
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7 years ago
Which of the below does a pro forma statement tell us?
A) For every sales dollar, it tells us how much shareholders received in dividends.
B) For every sales dollar, it tells us what percentage ends up as net income.
C) For every sales dollar, it tells us what percentage went to produce the product.
D) Pro forma statements provide the information identified in all of the above choices.
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
Author:
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flappunctualflappunctual
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7 years ago
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stranahan Author
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#2
7 years ago
Thanks Smiling Face with Open Mouth and Tightly-closed Eyes
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