Author Question: A bond with a par value of 1,000 is listed in the Wall Street Journal at a price of 100.50. This ... (Read 74 times)

jasdeep_brar · **on:** Jul 10, 2018

A bond with a par value of 1,000 is listed in the Wall Street Journal at a price of 100.50. This bond
is selling for 1,005.

Indicate whether the statement is true or false

Question 2

The weakness of the judgmental approach to preparing a pro forma balance sheet is ________.

A) the assumption that the values of certain accounts can be forced to take on desired levels
B) the assumption that the firm faces linear total revenue and total operating cost functions
C) the assumption that the firm's past financial condition is an accurate predictor of its future
D) ease of calculation and preparation