Which of the following is a limitation of the "percent of sales method" of preparing pro forma
financial statements?
A) Inventory levels are seldom affected by changes in sales volume.
B) A firm's investment in accounts receivable is seldom related to sales volume.
C) Not all assets and liabilities increase or decrease as a constant percent of sales.
D) The dividend payout ratio may change from one year to the next.
C
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Regina gets the Sunday newspaper every week. She particularly enjoys reading the Dear Abby and other advice columns; she likes to compare her opinions with those of the relationship “experts.” Regina uses this medium for ______.
A. information B. justification C. personal identity D. social interaction
A strategy of working toward remaining nonunion is known as:
A. Union avoidance. B. Featherbedding. C. Union acceptance. D. The chilling effect.
Without a constitutional grant of power, the federal government cannot act
a. True b. False Indicate whether the statement is true or false
Which part of Medicare includes a prescription drug plan?
A) Medicare part A B) Medicare part B C) Medicare part C D) Medicare part D