Answer:
Do it youselfe. You probley know that answer , Knowone should give you answers, People can help but they should nerver give you answers, God has giving you a brain to use so please use it?
Explanation:
Answer:
The correct answer is All of the options are true.
Explanation:
Proforma financial statements are projected statements. Generally, the data is forecast one year in advance, for example, in a transformation company the proforma status obtained based on the master budget is very complete, all projections are seen starting with the sales forecast and from this They make the other projections.
The Proforma Financial Statements are states that contain, in whole or in part, one or more assumptions or hypotheses in order to show what the financial situation or the results of the operations would be if they occurred.
No, it doesn't necessarily assure sufficient amounts of money because profitability can still reflect in non-monetary forms eg: through assets.
Answer:
If the interest rate is 6%,then selling the investment for $2,000 is a good deal.
If the interest rate is 10%, then selling the investment for $2,000 is a bad deal.
Explanation:
If the interest rate is 6% then compounded yearly for 10 years 1,000 should have a future value of
1000*1.06^10=1,790
SO if the interest rate is 6% then in 10 years the investment should have a future value of 1,790 and selling it for $2,000 is a very good deal as you are making more than 6% per year which is the interest rate.
Now if the interest rate is 10% the future value will be
1,000*1.1^10=2593
Now the future value is more than 2,000 which means that we will be earning less than the interest rate, which means it is a bad deal.
