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- 2011-7-11
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- 2013-10-8
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Typically, the first step in developing pro forma financial statements for a firm is to:
A: forecast revenue growth
B: establish the firm's tax and interest burdens
C: forecast next period's net income and dividend payout
My answer : B
Schwesser: A
Volume 4 clearly states that the first step is:
"1. estimate typical relation b/w revenues and sales driven accts
2. estimated fixed burdens such as interest and taxes
3. forecast revenues
4. ......."
What do you guys think? |
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发表于 2011-7-13 16:36
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