At a minimum, the sales forecast for the coming year would reflect
A) any future trend in sales that is expected to begin in the new year.
B) the influence of any anticipated events that might materially affect the sales trend.
C) Both of the above are correct.
D) Neither of the above is correct.
C
You might also like to view...
The writer of a covered call has taken a(n)
A) conservative investment position with unlimited potential profits. B) conservative investment position with limited profits. C) aggressive position with limited losses and unlimited potential profits. D) aggressive position with potentially unlimited profits or losses.
What were FCAA's current ratios in fiscal years 2009 and 2010? Are the current ratios above or below the rule of thumb?
Is the trend favorable or unfavorable? Support your answer with the appropriate numbers from the statements. Where did you find the information? Current ratio = current assets / current liabilities