A pro forma financial statement is one that: is expressed as a percentage of the total assets of the firm. is expressed as a percentage of the total sales of the firm. is expressed relative to a chosen base year's financial statement. projects future years' operations. reflects the past and current operations of the firm.

Personal financial planning is the process of creating and achieving financial goals? true or false

10. which of the following is true regarding preretirement inflation? a. defined-benefit plans provide more inflation protection than defined-contribution plans. b. because of preretirement inflation, possible investment-related growth is increased for defined-contribution plans. c. all types of benefits are designed to cope with preretirement inflation. d. preretirement inflation is generally reflected in the increase in an employee's compensation level over a working career.

Henry crouch's law office has traditionally ordered ink refills 55 units at a time. the firm estimates that carrying cost is 35% of the $11 unit cost and that annual demand is about 240 units per year. the assumptions of the basic eoq model are thought to apply. for what value of ordering cost would its action be optimal? a) for what value of ordering cost would its action be optimal?