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pompa pompa
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7 years ago
A weakness of the percent-of-sales method of preparing a pro forma income statement is ________.
A) that it forecasts income and then expresses the various income statement items as percentages of projected income.
B) the assumption that the firm faces linear total revenue and total operating cost functions
C) the assumption that the firm's past financial condition is an accurate predictor of its future
D) the difficulty faced in calculation and preparation of such statements
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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UlainUlain
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7 years ago
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pompa Author
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7 years ago
Good timing, thanks!
deathwing
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Yesterday
You make an excellent tutor!
ealvino1610
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2 hours ago
Thank you, thank you, thank you!
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