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What is the difference between pro forma financial statements and a cash budget? Explain why pro forma financial statements are not used to forecast cash needs.
Pro forma income statements deal with expenses and revenues that aren't always cash flows while cash budgets deal only with projected cash inflows and outflows.
JB has recently joined the Finance Department of P Company as a trainee management accountant. As part of the Company's induction, she has been offered a mentor. Though, since JB h
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Essential of sound capital mix
One of the most important objectives of statistical analysis is to get one single value that describes the characteristic of the entire mass of unwieldy
agency relationship between shareholders and auditors
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Why does money have time value? Positive interest rates point out that money has time value. While one person lets another borrow money, the first person needs compensation in e
how to solve balance sheet?
Q. Determine the proportion of debt and equity? Financing Decision: - This function is related to increasing of finance from different sources. For this reason the financial ma
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