The key inputs for preparing pro forma income statements using the simplified approaches are the ________

A) sales forecast for the preceding year and financial statements for the coming year
B) sales forecast for the coming year and the cash budget for the preceding year
C) sales forecast for the coming year and financial statements for the preceding year
D) cash budget for the coming year and sales forecast for the preceding year

C

Business

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________ is information collected on a regular basis using standardized procedures and sold to multiple customers from a related industry

A) Pure research B) Syndicated research C) Primary data D) Experimental data E) Sampled data

Business

A special situation in a stock often refers to the possibility the company will be acquired by another company

Indicate whether the statement is true or false.

Business