When developing a pro forma balance sheet which of the following is typically the LAST item to be estimated?

A) inventory
B) total assets
C) external financing
D) cash

C

Business

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Which of the following are characteristics of a wrap account?

I. a flat amount of commission per transaction II. an increased probability of account churning III. a money manager IV. detailed performance reports A) I and II only B) III and IV only C) II, III and IV only D) I, III and IV only

Business

What is the primary advantage of using the work standards method?

A) anonymity B) objectivity C) flexibility D) acceptability

Business