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me for forecasting operating assets? Assume no change in the account balance Calculate and use the account as a percent of sales from the previous

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me for forecasting operating assets? Assume no change in the account balance Calculate and use the account as a percent of sales from the previous year Apply a forecasted sales growth rate to the previous balance Add the amount into other non-operating assets QUESTION 12 Forecasting financial statements begins with calculating revenue estimates, which is based on an estimate of the revenue growth rate. True False

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