A stakeholder is of10 Select one: stiona. Any person or entity that has voting r

Question

A stakeholder is of10 Select one: stiona. Any person or entity that has voting rights based on stock ownership of a corporation O b. Any person or entity who potentially has a claim on the cash flows of the firm. C. A creditor to whom the firm currently owes money and who consequently has a claim on the cash flows of the firm. O d. Any person or entity that owns shares of stock of a corporation O e. A person who initially started a firm and currently has management control over the cash flows of the firm due to his/her current ownership of company stock 24 A pro forma balance sheet must always maintain the current debt-equity ratio of a firm tof 10 Select one: wered False

Explanation / Answer

A stakeholder is one who has a right on the cash flow of the company due to the amount of investment made by him Therefore, any person or entity who potentially has a claim on the cash flows of the firm Correct Option is b A pro forma balance sheet is the budgeted balance sheet or projected balance sheet prepared based on the current financial statements The statement is true, A pro forma balance sheet must always maintain the current debt equity ratio of a company

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