When preparing a projected income statement, which of the following additional information, other then the financial statements would probably not be relevant?
A) The competitive environment
B) New versus old store mix
C) Expected capital expenditure
D) Expected level of macroeconomic activity

Question

Quizplus · Accepted Answer

Expected capital expenditure is more relevant to the balance sheet and cash flow projections rather than directly impacting the income statement.

When Preparing a Projected Income Statement, Which of the Following