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which of the following line items from a 12-month inventory purchases budget are presented on the pro forma financial statements? assume that all purchases are paid in the month of purchase. (select all that apply.) multiple select question. desired ending inventory (i.e. ending inventory) for the last month purchases for the last month shown as accounts payable on the balance sheet total ending inventory for the twelve months total cost of goods sold (i.e. cost of budgeted sales) for the twelve months

Respuesta :

The following items from a 12- month inventory purchases budget are presented on the pro forma financial statements are desired ending inventory (i.e. ending inventory) for the last month, and total cost of goods sold (i.e. cost of budgeted sales) for the twelve months.

The financial position and actions of a corporation are documented in its financial statements throughout a given time period. A company's financial health and success are shown via its financial statements. The income statement, balance sheet, and cash flow statement are considered to be the three fundamental financial statements.

Financial statements including the cash flow statement, balance sheet, and income statement must be prepared. With the use of these three statements, traders may learn more about a company's financial health and underlying worth. They also serve as useful tools for analyzing a company's financial strength.

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