If a pro forma balance sheet dated at the end of May was prepared from the information presented, ...

Author Question: If a pro forma balance sheet dated at the end of May was prepared from the information presented, ... (Read 293 times)

acc299

Hero Member
Posts: 569

on: Jul 10, 2018

If a pro forma balance sheet dated at the end of May was prepared from the information presented, the marketable securities would total ________. (See Table 4.3)

A) 9,000
B) 9,500
C) 12,000
D) 16,750

Question 2

Unlike market value, the intrinsic value of an asset is estimated independently of risk.

Indicate whether the statement is true or false

aham8f

Sr. Member
Posts: 336

Reply #1 on: Jul 10, 2018

Answer to Question 1

D

Answer to Question 2

FALSE

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