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FMTB 36

The document discusses solutions to web appendix problems 17B-1 through 17B-3 relating to forecasting methods and changing balance sheet ratios. It provides the answers and difficulty level for each problem and explains why statement e is correct for problem 17B-2.

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Kaye Javellana
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43 views1 page

FMTB 36

The document discusses solutions to web appendix problems 17B-1 through 17B-3 relating to forecasting methods and changing balance sheet ratios. It provides the answers and difficulty level for each problem and explains why statement e is correct for problem 17B-2.

Uploaded by

Kaye Javellana
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

WEB APPENDIX 17B SOLUTIONS

17B-1. Percent of sales method Answer: d Diff: E

17B-2. Forecasting when ratios subject to change Answer: e Diff: E N

The correct answer is statement e. Statements a, b, and c are all


conditions under which the assumption that spontaneous asset and
liability items increase at the same rate as sales is violated.

17B-3. Changing balance sheet ratios Answer: d Diff: M

Chapter 17 - Page 36

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