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Author Question: Capital rationing generally leads to higher stock prices as management is doing the best job it can ... (Read 65 times)

mmm

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Capital rationing generally leads to higher stock prices as management is doing the best job it can
  in selecting only the best capital budgeting projects.
 
  Indicate whether the statement is true or false

Question 2

Which of the following statements would NOT be a valid use of pro forma financial statements?
 
  A) to determine a firm's needs for financing
  B) to analyze the effects of a firm's forecasts on its financial performance
  C) to enhance a firm's ability to offer shareholders guaranteed operating results
  D) to serve as a benchmark when comparing actual results to planned activities


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yasmin

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mmm

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Reply 2 on: Jul 10, 2018
Excellent


smrtceo

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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