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Author Question: Pro forma income statements are primarily based on forecasted sales and assumed relationships ... (Read 67 times)

WWatsford

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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


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britb2u

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Reply #1 on: Jul 11, 2018
Answer to Question 1

TRUE

Answer to Question 2

FALSE


WWatsford

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Reply 2 on: Jul 11, 2018
Thanks for the timely response, appreciate it

ghepp

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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