A firm has prepared the coming year's pro forma balance sheet resulting in a plug figure in a preliminary statement—called the external financing required—of $230,000. The firm should prepare to ________
A) repurchase common stock totaling $230,000
B) arrange for a loan of $230,000
C) do nothing; the balance sheet balances
D) invest in marketable securities totaling $230,000
B
Business
You might also like to view...
What is the best course of action when asked a difficult or complex question?
A) Ask for clarification. B) Give a simple, direct answer. C) Ask audience members to weigh in on the subject. D) Give a vague answer and move on to the next question or new topic. E) Offer to get a complete answer as soon as possible, after the presentation.
Business
Because of differences in their functional orientations, functional groups can have differing views of the organization's priorities
Indicate whether the statement is true or false
Business