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Author Question: Using the percentage of sales method of forecasting, A) only asset accounts increase or decrease ... (Read 77 times)

storky111

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Using the percentage of sales method of forecasting,
 
  A) only asset accounts increase or decrease proportionally with sales.
  B) all asset and liability accounts increase or decrease proportionally with sales.
  C) accounts payable and accrued expenses are the only liabilities that increase or decrease
  proportionally with sales.
  D) all balance sheet accounts increase or decrease proportionally with sales.

Question 2

When terminating a project for capital budgeting purposes, the working capital outlay required at
  the initiation of the project will
 
  A) not affect the terminal cash flow.
  B) increase the terminal cash flow because it is recaptured.
  C) decrease the terminal cash flow because it is an outlay.
  D) decrease the terminal cash flow because it is a historical cost.


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iceage

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storky111

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Reply 2 on: Jul 10, 2018
Thanks for the timely response, appreciate it


TheDev123

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  • Posts: 332
Reply 3 on: Yesterday
Excellent

 

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