All of the following are true regarding projected financial statements except: A. Preparing projected financial statements must incorporate a company's current performance records. B. The statement of cash flows is the most critical forecast since it reflects profitability rather than viability. C. Preparing projected financial statements must incorporate a company's past performance records. D. The income statement demonstrates immediate capability to service debt for banks or real potential for growth in returns for venture capital.

Select the word from the list that best fits the definition sometimes

Why has the free enterprise system been modified to include some government intervention?

David consumes two things: gasoline (g) and bread (b). david's utility function is u(g, b) = 10g^0.25 b^0.75. use the lagrange technique to solve for david's optimal choices of gasoline and bread as a function of the price of gasoline, p_g, the price of bread, p_b, and his income m. with recent decrease in the price of gasoline (maybe due to external shock such as shale gas production) does david increase his consumption of gasoline? for david, how does partial differential g/partial differential p_g depend on his income m? that is, how does david's change in gasoline consumption due to an increase in the price of gasoline depend on his income level? to answer these questions, find the cross-partial derivative, |partial differential^2 g/partial differential m partial differential p_g.