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Author Question: In constructing a pro forma balance sheet a manager can estimate the accounts receivable because: ... (Read 110 times)

jerry coleman

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on: Jul 11, 2018
In constructing a pro forma balance sheet a manager can estimate the accounts receivable because:
 
  A) managers typically construct a pro forma income statement prior to the balance sheet. Thus, an estimate of sales has already been made and this is critical to estimating accounts receivable.
  B) if the firm has already made an estimate of expected sales, then it can also estimate average daily sales.
  C) if the firm maintains similar credit standards it can use the current average age of accounts receivable to help estimate the anticipated average age of accounts receivable
  D) if the firm has each piece of information as stated above THEN they can estimate accounts receivable for the pro forma balance sheet..

Question 2

The present value of a deferred annuity (e.g., an annuity that starts 10 years from today) can be
  calculated in two steps: (1 ) calculate the future value of the annuity, and (2 ) calculate the present
  value of the amount determined in step (1 ).
 
  Indicate whether the statement is true or false
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
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macybarnes

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Reply #1 on: Jul 11, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jerry coleman

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Reply 2 on: Jul 11, 2018
Thanks for the timely response, appreciate it

irishcancer18

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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