The percent of sales method is a forecasting method that predict financial elements based on their relationship to


The percent of sales system is a prophecy system that foretell financial elements domiciled on their harmony to

sales. In other tone, these items growth relatively as sales growth. This system can be applied to frequent, but not all, of the elements of the pro forma statements. Which of the subjoined cannot be correspondently foretelled after a while this system?

Operating expenses

Capital investments

Advertising expenses

Accounts receivable

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