BUSN 5200 QD F2 2022: In the next planning period, a firm plans to change its policy of all cash sales and initiate a credit policy requiring payment within 30 days. The statements that will be directly affected immediately are the

Posted: December 21st, 2022

In the next planning period, a firm plans to change its policy of all cash sales and initiate a credit policy requiring payment within 30 days. The statements that will be directly affected immediately are the

pro forma income statement, pro forma balance sheet, and cash budget.

Correct!

pro forma balance sheet and cash budget.

cash budget and statement of retained earnings.

pro forma income statement and pro forma balance sheet.

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