Question: Question 1 0 3 pts When constructing proforma financial statements, which of the following cannot be assumed to change proportionate to sales? I. Current assets

Question 10
3 pts
When constructing proforma financial statements, which of the following cannot be assumed to change proportionate to sales?
I. Current assets
II. Current liabilities
III. Long-term debts
IV. Shareholders equity
I and II
III only
None. All of them should be proportionate to sales.
III and IV
Question 1 0 3 pts When constructing proforma

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