Which of the following should be included when compiling pro forma statements for a proposed investment?
I.Forecasted sales
II.Start-up costs
III.Aftertax salvage value of any assets sold
IV.Anticipated changes in net working capital
A) I only
B) II and IV only
C) I, II, and III only
D) II, III, and IV only
E) I, II, III, and IV
Correct Answer:
Verified
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