SEMESTER : FINANCIAL MANAGEMENT 2 (FM202) CHAPTERS …

1.4. A pro-forma financial statement is one that: a. projects future years’ income and/or financial position. b. is expressed as a percentage of the total assets of the organisation. c. is always expressed as a percentage of the total sales of the organisation. d. is always expressed relative to a chosen base year’s financial statement. 1.5. ................
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