Multiple Choice
The projected balance sheet method of forecasting is based on which of the following assumptions?
A) All balance sheet accounts are tied directly to sales.
B) Most balance sheet accounts are tied directly to sales.
C) The current level of total assets is optimal for the current sales level.
D) Answers a and c above.
E) Answers b and c above.
Correct Answer:
Verified
Correct Answer:
Verified
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