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Which of the following causes the sawtooth effect in pro forma financial statements? High forecasted growth in sales Forecasting Total Assets using the Total Asset
Which of the following causes the "sawtooth" effect in pro forma financial statements?
- High forecasted growth in sales
- Forecasting Total Assets using the Total Asset Turnover Ratio
- High forecasted growth in total assets
- Forecasting Sales using historical trends
- Forecasting Cash Flows using the Cash Coverage Ratio
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Introduction to Managerial Accounting
Authors: Peter C. Brewer, Ray H Garrison, Eric Noreen
8th edition
1259917061, 978-1259917066
