Simplify. Write the answer as a mixed number as needed.
2 + 
2
A. 19
B. 58
C. 56
D. 14
Answer: C
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When constructing pro forma financial statements, which of the following equations can be used to estimate additional funds needed (AFN)?
A. Estimated AFN = Forecasted increase in assets + Forecasted increase in liabilities + Forecasted increase in retained earnings B. Estimated AFN = Forecasted increase in assets - Financing feedbacks + Forecasted increase in retained earnings C. Estimated AFN = Forecasted increase in assets - Financing feedbacks - Spontaneously generated funds D. Estimated AFN = Forecasted increase in liabilities + Financing feedbacks + Spontaneously generated funds E. Estimated AFN = Forecasted increase in assets - Forecasted increase in liabilities - Forecasted increase in retained earnings
Rewrite the sum using sigma notation.0 + 2 + 6 + 12 + 20
A. 
B. 
C. 
D. 
Find the equivalent markup. Round to the nearest tenth of a percent.Markup on cost: 
Markup on selling price: 21.2%
A. 73.1% B. 82.5% C. 17.5% D. 26.9%
Multiply. Write the answer in descending order and combine like terms.(m2 - 3)(m2 + m - 3)
A. m4 + m3 + 6m2 - 3m + 9 B. m4 - 3m2 - 3m + 9 C. m4 + m3 - 3m + 9 D. m4 + m3 - 6m2 - 3m + 9