Multiple Choice
A major purpose of a pro-forma earnings statement is to exclude
A) salaries paid to non-productive employees.
B) kickbacks paid to the company by large customers
C) one-time charges not related to future earnings.
D) operating costs.
Correct Answer:
Verified
Correct Answer:
Verified
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Q13: Describe the use of cash flow to
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Q15: Cash from (or used in) operating activities
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