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

Author Question: Pro forma income statements are primarily based on forecasted sales and assumed relationships ... (Read 33 times)

WWatsford

  • Hero Member
  • *****
  • Posts: 539
    • Biology Forums!
on: Jul 11, 2018
Pro forma income statements are primarily based on forecasted sales and assumed relationships related to sales.
 
  Indicate whether the statement is true or false

Question 2

John has to pay 1,000 per month for his mortgage for another 5 years, but he is considering paying
  the mortgage off in one lump sum.
 
  John cannot calculate the present value of the payments using
  the annuity formulas because his payments are monthly and not once per year.
 
 Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

britb2u

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jul 11, 2018
Answer to Question 1

TRUE

Answer to Question 2

FALSE


WWatsford

  • Member
  • Posts: 539
Reply 2 on: Jul 11, 2018
Gracias!

ASDFGJLO

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Traditional animal phylogeny based on body plans. Traditional animal phylogeny based on body plans.
Play in Four Cultures Across cultures, play is the most common activity in early childhood. Source: Play in Four Cultures Across cultures, play is the most common activity in early childhood. Source:
Income of Adult Children Compared With That of Their Parents Income of Adult Children Compared With That of Their Parents
Race-Ethnicity and Income Extremes Race-Ethnicity and Income Extremes
Intracellular relationships involving the glyoxylate cycle in plant cells Intracellular relationships involving the glyoxylate cycle in plant cells
How to convert verbal statements into algebraic equations (Part 2) How to convert verbal statements into algebraic equations (Part 2)
Video: How does asthma work?And How do you treat asthma?

For a complete list of videos, visit our video library