When Constructing Pro Forma Income Statements Which of the Following

question 31

Multiple Choice

When constructing pro forma income statements which of the following is the last item to be estimated?

• A)sales
• B)the change in retained earnings
• C)depreciation expense
• D)taxes

Learn the difference between objective and subjective probabilities.

Analyze investment opportunities based on past performance data.

Understand the methodology to calculate standard deviation as a measure of risk.

Compare and contrast different job offers or investments based on expected returns and associated risks.