The Asset and Liability Side of a Pro Forma Balance

question 83

Multiple Choice

The asset and liability side of a pro forma balance sheet projection will not balance, in general, unless we make assumptions about how ________ and ________ will grow with sales.

• A) dividends, equity
• B) coupons, debt
• C) debt, equity
• D) dividends, preferred stock

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Definitions:

Popular Sovereignty

A political doctrine that holds that the government is created and sustained by the consent of its people, through their elected representatives.

Shay's Rebellion

An armed uprising in 1786-1787 by American farmers against state and local enforcement of tax collections and judgments for debt.

Foreign Loans

Borrowed funds from overseas lenders used by countries to support their economic development, stabilize currencies, or manage balance of payments.

John Adams

The second President of the United States (1797-1801), Founding Father, and a key figure in the American Revolution and early federal government.