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A firm is operating at 90 percent of capacity. This information is primarily needed to project which one of he following account values when compiling pro forma statements?

a. Sales
b. Cost of goods sold
c. Accounts receivable
d. Fixed assets Long-term debt

Respuesta :

Answer:

d. Fixed assets Long-term debt

Explanation:

Information such as the percentage at which the firm is operating is needed to project Fixed assets or Long-term debt. That is because these are assets that are purchased for long-term use and are not likely to be converted quickly into cash. these specific assets cost the company large sums of money and if they are not being used to their full potential can be very dangerous for the company. Thus the best choice may be to sell these assets. Which is why they need to be compiled in pro forma statements

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