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 120 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
YES! Correct, THANKS for helping me on my review

nyrave

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Within the galls are the developing larvae of the moths. Within the galls are the developing larvae of the moths.
Critical Values of the Chi-Square Distribution Critical Values of the Chi-Square Distribution
Like all animals, primates must balance their calories expended searching for food with calories, pr Like all animals, primates must balance their calories expended searching for food with calories, pr
Daily Water Balance in the Body Daily Water Balance in the Body
Functional brain imaging is the major method of cognitive neuroscience. This image—taken from the ... Functional brain imaging is the major method of cognitive neuroscience. This image—taken from the ...
Linear programming problems using the simplex method. Linear programming problems using the simplex method.
Video: Lipid catabolism ( ketogenesis and oxidation of glycerol) and Lipid anabolism (lipogenesis)

For a complete list of videos, visit our video library