7 Which statements about financial forecasting is most likel

7. Which statements about financial forecasting is most likely TRUE:

a. Net income flows through to cash flows from operations on the balance sheet

b. Net income flows to shareholders equity on the cash flow statement

c. Marketable securities is the same as cash on the balance sheet

d. Marketable securities is the same as short term debt on the balance sheet

e. Marketable securities is good to use as a plug figure when forecasting financial statements

Solution

e. Marketable securities is good to use as a plug figure when forecasting financial statements.

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