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ncorrect Question 7 0/0.5 pts Purchases of a new fixed asset in 2017 will need to be entered on the 2017 Pro Forma Income Statement

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ncorrect Question 7 0/0.5 pts Purchases of a new fixed asset in 2017 will need to be entered on the 2017 Pro Forma Income Statement 2017 Schedule of Cash Disbursements 2017 Schedule of Cash Receipts all of the above only A and B /0.5 pts Incorrect Question 8 When you are creating a pro forma income statement, the best way to estimate costs for the coming year is to use the assumption that all costs will increase by the same percentage as revenues all variable costs will increase the by same percentage as revenues all fixed costs will increase by the same percentage of revenues all of the above

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