Kizspy | Question: 49 (Choose 1 answer)
Which of the following statements concerning pro forma financials are correct?
(i) The pro forma level of sales should consider macroeconomic forecasts.
(ii) Pro forma statements should consider both the capital structure and the dividend policies of the firm.
(iii) A pro forma balance sheet must always consider the operating capacity level.
A. (i) only
B. (i) and (ii) only
C. (ii) and (iii) only
D. All above
