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Sergeu [11.5K]
3 years ago
7

Pro forma financial statements are the most comprehensive means of financial forecasting. projections of financial statements fo

r a future period. often required by prospective creditors. All of the options are true
Business
1 answer:
nadezda [96]3 years ago
5 0

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.

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Future Value of Multiple Annuities Assume that you contribute $150 per month to a retirement plan for 20 years. Then you are abl
love history [14]

Answer:

$641,455.26

Explanation:

Calculation to determine the value of your retirement plan after 40 years

First step is to determine FV Using financial calculator

N = 40*12 = 480

I = 8%/12 = .6667

PV = 0,

PMT = $150

CPT FV =$523,651.17

N = 20*12 = 240

I = 8%/12 = .6667

PV = 0

PMT = $200 ($350 - $150)

CPT FV =$117,804.08

Now let determine the value of your retirement plan after 40 years

Sum of FV =$523,651.17+$117,804.08

Sum of FV =$641,455.26

Therefore the value of your retirement plan after 40 years will be $641,455.26

5 0
2 years ago
Which situation shows OSHA's three-pronged approach to improving safety?
ra1l [238]
D is the correct answer according to AREA Alabama Electric Co-ops
3 0
3 years ago
Read 2 more answers
Which incentives do interest groups engage in to overcome the free rider problem?
slava [35]

Answer:

The correct answer is letter "D": All of these are correct.

Explanation:

The Free Rider Problem refers to someone being able to gap for less or even for free what others pay more for. The problem arises when individuals are unwilling to pay their fair share for something that most others pay for. The problem is more often while talking about public goods. To avoid this issue, some sort of special must be given to consumers such as discounts, promotions for subscriptions or special information online.

6 0
2 years ago
Assume Evco, Inc., has a current price of $50 and will pay a $2 dividend in one year, and its equity cost of capital is 15%. Wha
gtnhenbr [62]

Answer:

The expected price after 1 year would be$55.5

Explanation:

According to the given data,

Price of the stock (Po) = $50

Dividend after 1year (D1) = $2

Equity cost of capital (KE) =15%

The formula for calculating the price after 1 year i.e.,(P1 ) is

                         

                          Po = (D1 + P1 )/ 1+KE                                      $50= ($2 + P1) / (1+0.15)

                        P1 = [$50(1.15)] - $2 = $55.5

6 0
2 years ago
Saving some private time for yourself and learning to pigeon hole problems are two examples of
Bingel [31]
<span>These two examples relieving stress from work.  We all need some space especially after a hard day at the office.  The time we take for ourselves help us relieve ourselves of stress or any other thing that would cause us anxiety.  Sorting and categorizing problems help us prioritize what to do first so as to stay for focus on doing our jobs.</span>
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