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When modeling a Company s future Balance Sheet for a LBO transaction, which of the following is INCORRECT? Modeling Accounts Receivable based on Sales or

When modeling a Companys future Balance Sheet for a LBO transaction, which of the following is INCORRECT?
Modeling Accounts Receivable based on Sales or the Sales Growth Rate
Modeling Other Current Assets based on Sales or the Sales Growth Rate
Modeling Accounts Payable based on Sales or the Sales Growth Rate
Modeling Accrued Expenses based on Sales or the Sales Growth Rate

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