Which of the following is a common method for forecasting operating liabilities? Assume that there...
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Finance
Which of the following is a common method for forecasting operating liabilities? Assume that there is no additional, specific information about the firms liabilities.
Plug the amount based on nonoperating liability accounts
Calculate the average operating liabilities using historical data
Calculate and use the account as a percent of sales for the prior year
Assume no change in the account balance
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