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When preparing pro forma income statements, which one of the following items is least

likely to be sales driven?

A. Current assets.

B. Interest expense.

C. Administrative expenses.

Ans: B.

Interest expense is considered a fixed burden and a function of a firm’s capital structure, not sales.

A is incorrect. Current assets are normally a sales driven account.

C is incorrect. Administrative expenses, although they may contain fixed costs, are primarily sales driven.

14. Which of the following pairs of general categories are least likely to be considered in the formulas used by credit rating agencies to determine the capacity of a borrower to repay a debt?

A. Operational efficiency; leverage.

B. Margin stability, availability of collateral.

C. Leverage; scale and diversification.

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更多“When preparing pro forma income statements, which one of the following items is least”相关的问题

第1题

Right spelling is not important aspect when you are preparing a resume.()

Right spelling is not important aspect when you are preparing a resume.()

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第2题

When preparing for our speech, ask ourselves three questions: whom, what and why.()
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第3题

You should wash your hands when preparing food so as to avoid spreading ____.

A.mage

B.infection

C.flavour

D.network

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第4题

When preparing for your presentation, what should you know?A.Your situation.B.All of the

A.Your situation.

B.All of the answers are correct.

C.Your audienc

D.Your purpos

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第5题

Which of the following statements are correct when preparing consolidated financial s

A.1 only

B.2and3

C.2and4

D.3 and 4

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第6题

When preparing a bank reconciliation, which of the following items should be added to the book balance?

A.EFT receipts

B.Both EFT receipts and collection items

C.Deposits in transit

D.Collection items

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第7题

When you are preparing for a job interview, you should do the following except ____.

A.find company information and qualifications for the job

B.dye your hair blue

C.practice interview questions and have a great resume

D.prepare for a A great resume

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第8题

When you are preparing foran interview, how many different types of interview and what are they?
A.Screening Interview

B.Panel Interview

C.Group Interview-Individual Interview

D.Telephone Interview

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第9题

Which of the following items can be added to or subtracted from the bank balance when preparing the bank reconciliation?

A.book errors

B.bank errors

C.EFT payments by bank

D.EFT receipts by bank

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第10题

--Could you be so kind as to turn down that rock "n" roll? I am preparing f

A.It’s none of your business.

B.What are you doing?

C.Sur

D. Sorry to disturb you.

E.No, I don’t think so.

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