Pro forma financial statements are used for ________.

A) cash budgeting
B) preparing financial statements
C) profit planning
D) auditing


C) profit planning

Business

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Trekker Bikes' current assets are $300 million and its current liabilities are $125 million. Its current ratio is 0.417.

Answer the following statement true (T) or false (F)

Business

While most employees take a job because of the advertised level of pay, many stay with a job because of the ______ associated with it.

A. benefits package B. variable pay C. experience rating D. contribution plan

Business

Comments that are written in a conversational tone use the pronoun

a. I b. We c. Us d. You

Business

A printing press has a mean time between failures of 175 and mean time to repair of 8. In this case, the availability is ______.

a. 0.956 b. 0.895 c. 0.789 d. 0.678

Business