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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
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 _____.
A. all costs will increase by the same percentage as revenues
B. all variable costs will increase the by same percentage as revenues
C. all fixed costs will increase by the same percentage of revenues
D. all of the above
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