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9. Which of the following causes the sawtooth effect in pro forma financial statements? Forecasting Cash Flows using the Cash Coverage Ratio High forecasted

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9. Which of the following causes the " sawtooth" effect in pro forma financial statements? Forecasting Cash Flows using the Cash Coverage Ratio High forecasted growth in sales Forecasting Sales using historical trends Forecasting Total Assets using the TotalAsset Tumover Ravbo High forecasted growth in total assets 10. MCDognals has sales of $100 million this year and a gross margin of 30% Next year, sales are forecasted to grow 10% and the gros margin is forecasted to temain at s0\%, What is MeDognals' forecasted Cost of Goods Sold for nert year? 37 irililion 57 mition 530 million 533 miltion 570 million 13 mition

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