________ is an employment policy designed to reduce the company's workforce by not hiring any new employees into the company

In the development of pro forma statements, a firm that requires external funds means that its projected level of cash is in excess of its needs and that funds would therefore be available for repaying debt, repurchasing stock, or increasing the

dividend to stockholders. Indicate whether the statement is true or false

Refer to Table 4-1. Using a vertical analysis of January data, Payroll Taxes were approximately

________ percent A) 7.96 B) 0.0737 C) 0.0796 D) 7.37