A Benefit of Using Projected Balance Sheets and Income Statements

question 105

Multiple Choice

A benefit of using projected balance sheets and income statements is that

• A)all of the above
• B)insurance needs can be computed.
• C)money can be put aside to pay future income taxes.
• D)an organization can compute projected financial ratios under various scenarios.
• E)it is useful in analyzing past performance.

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An individual who reasons systematically and evaluates arguments in an objective manner.

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