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Basic Question 8 of 10
For most companies, projections for ______ are least likely to be tied to the income statement.
B. accounts receivable.
C. long-term assets.
A. retained earnings.
B. accounts receivable.
C. long-term assets.
User Contributed Comments 1
| User | Comment |
|---|---|
| lwlee | Long-term assets -> Depreciation or amortisation is quite important on cash flow projection? And buying long-term assets as well, i think it is quite difficult in determining the extent of impact on income statement solely by asset item type |
Thanks again for your wonderful site ... it definitely made the difference.
Craig Baugh
Learning Outcome Statements
demonstrate the development of a sales-based pro forma company model
CFA® 2024 Level I Curriculum, Volume 3, Module 12.