This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The ________ method of developing a pro forma balance sheet estimates values of certain balance ... (Read 141 times)

Anajune7

  • Hero Member
  • *****
  • Posts: 574
on: Jul 10, 2018
The ________ method of developing a pro forma balance sheet estimates values of certain balance sheet accounts while external financing is used as a balancing, or plug, figure.
 
  A) percent-of-sales
  B) accrual
  C) judgmental
  D) cash

Question 2

If college tuition and fees increase at an annual rate of 7 per year, and your little sister is currently starting her freshman year in high school,
 
  what is the expected cost of her first year of college in four years if tuition and fees are currently 6,850 per year? How much for the start of her senior year of college starting three years after that?
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mfedorka

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jul 10, 2018
Answer to Question 1

C

Answer to Question 2

Answer: FV = PV  (1 + r)n = 6,850  (1.07)4 = 8,978.95. Three years later the annual tuition cost is 10,999.60.


Anajune7

  • Member
  • Posts: 574
Reply 2 on: Jul 10, 2018
:D TYSM

peter

  • Member
  • Posts: 330
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

An example of sodium balance achieved by the coordinated actions of three hormones. An example of sodium balance achieved by the coordinated actions of three hormones.
Ecosystem and Balance Ecosystem and Balance
Energy Balance Energy Balance
Selecting a Method for Measuring Body Temperature Selecting a Method for Measuring Body Temperature
"To begin the pull-back exercise, grasp wrists, then lean back and balance." "To begin the pull-back exercise, grasp wrists, then lean back and balance."
The Scientific Method and Atmospheric Science The Scientific Method and Atmospheric Science
Video: Interspecific Competition Relationship - Competitive & Niche Differentiation

For a complete list of videos, visit our video library