Pro Forma Statements for a Proposed Project Should

question 12

Multiple Choice

Pro forma statements for a proposed project should:
I.be compiled on a stand-alone basis.
II.include all the incremental cash flows related to the project.
III.generally exclude interest expense.
IV.include all project-related fixed asset acquisitions and disposals.

• A)I and II only
• B)II and III only
• C)I, II, and IV only
• D)II, III, and IV only
• E)I, II, III, and IV

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