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The Percentage-Of-Sales Method for Forecasting Pro Forma Financial Statements Assumes

Question 76

Multiple Choice

The percentage-of-sales method for forecasting pro forma financial statements assumes


A) that all income statement and balance sheet items grow in proportion to sales.
B) that all income statement and balance sheet items grow at a growing proportion to sales.
C) that all income statement and balance sheet items grow at a decreasing proportion to sales
D) none of the above.

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