You have a current balance sheet with liabilities of $50,000 and assets of $75,000. You estimate
that you will have to purchase a new vehicle next year for $20,000.
You believe you will be able
to pay 20% down and can finance the remainder through your bank. If nothing else changes,
your pro forma balance sheet will show assets of ________ and liabilities of ________.
A) $91,000; $66,000 B) $91,000; $54,000
C) $95,000; $66,000 D) $95,000; $70,000
C
Business
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Because of its natural feel and versatility, the ________ approach is generally the most persuasive way to develop an analytical report for skeptical readers
A) 2 + 2 = 4 B) yardstick C) direct D) hypothetical E) indirect
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Only natural persons can challenge a law as being unconstitutional
Indicate whether the statement is true or false
Business