Which of the following is the correct sequence of events?
A) pro forma income statement, pro forma cash budget, pro forma balance sheet
B) pro forma balance sheet, pro forma cash budget, pro forma income statement
C) pro forma balance sheet, pro forma income statement, pro forma cash budget
D) None of the above.
A
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Which of the following are types of personal factors that are unique to individuals?
a. Certain qualities b. Ways of thinking c. Work ethic d. All of the above
The statement of cash flows reports
A) cash flows from operating activities B) total assets C) total changes in stockholders' equity D) changes in retained earnings
When a new partner is admitted to a partnership, there should be a(n)
A) the total assets of the partnership increase B) new capital account is added to the ledger for the new partner C) the total owner's equity of the partnership increases D) the cash received by the current partner represents the amount of the debit to that partner's capital account.
Approximately what percentage of U.S. companies use or have used the balanced scorecard approach?
a. 10% b. 25% c. 50% d. 80%