The "percentage" used in the percent of sales calculation can come
A) from the most recent financial statement item as a percent of current sales.
B) from an average computed over several years.
C) from an analyst's judgment.
D) from any of the above or a combination of the above.
Correct Answer:
Verified
Q32: Spontaneous sources of financing include
A) accounts payable
Q50: Using the percentage of sales method of
Q51: Which of the following is a spontaneous
Q52: A discretionary form of financing would be
A)
Q53: When forecasting fixed asset requirements,the projected fixed
Q54: Using the percentage of sales method,forecasted retained
Q57: A company calculates its discretionary financing needed
Q58: Discretionary financing accounts include all of the
Q59: Fixed assets are often estimated incorrectly by
Q60: Potential sources of financing to support an
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