Author Question: According to the textbook, the most important function of the pro forma statement of cash flows is ... (Read 116 times)

Alainaaa8 · **on:** Jul 6, 2018

According to the textbook, the most important function of the pro forma statement of cash flows is to project whether the firm will have sufficient ________.

A) income to meet its payroll on a weekly or monthly basis
B) income to exceed industry norms
C) cash to meet its needs
D) inventory to meet its sales and production forecasts
E) short-term assets to cover its short-term liabilities

Question 2

A brief, carefully constructed statement that outlines the merits of a business opportunity is called a(n) ________ speech.

A) subway
B) sway
C) bootstrap
D) teaser
E) elevator