Question: Pro forma statements for a proposed project should: I . be compiled on a stand-alone basis. II. include all the incremental cash flows related to
Pro forma statements for a proposed project should: I. be compiled on a stand-alone basis. II. include all the incremental cash flows related to the project. III. generally exclude interest expense. IV. include all project-related fixed asset acquisitions and disposals.
A. I and II only
B. II and III only
C. I, II, and IV only
D. II, III, and IV only
E. I, II, III, and IV
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