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Consider the following simplified financial statements for the Wims Corporation (assuming no income taxes): I he company has predicted a sales increase of y percent.
Consider the following simplified financial statements for the Wims Corporation (assuming no income taxes): I he company has predicted a sales increase of y percent. It has predicted that every item on the balance sheet will increase by 9 percent as well. Create the pro forma statements and reconcile them. What is the plug variable here? Multiple Choice $12,758 $12,775 $12,754 $12,763 $22,898
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