Question
If assets are 100 and expected to grow by 10%. Liabilities and owners equity are 100 and expected to grow by 12%. The plug for
If assets are 100 and expected to grow by 10%. Liabilities and owners equity are 100 and expected to grow by 12%. The plug for the fist pro forma year is
a) liability plug
b) cash plug
c) neither
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Essentials of Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
10th edition
77835425, 978-0077835422
