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Author Question: Pro forma statements are important since they formally report the performance of the firm during ... (Read 19 times)

imanialler

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  • Posts: 539
on: Jul 10, 2018
Pro forma statements are important since they formally report the performance of the firm during
  the previous reporting period.
 
  Indicate whether the statement is true or false

Question 2

A significant disadvantage of the payback period is that it
 
  A) is complicated to explain.
  B) does not properly consider the time value of money.
  C) increases firm risk.
  D) provides a measure of liquidity.
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
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karmakat49

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Reply #1 on: Jul 10, 2018
Answer to Question 1

FALSE

Answer to Question 2

B


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