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Basic Question 3 of 6
Which financial statement is essential for estimating COGS and SG&A expenses?
B. Balance sheet
C. Cash flow statement
D. Statement of retained earnings
A. Income statement
B. Balance sheet
C. Cash flow statement
D. Statement of retained earnings
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You have a wonderful website and definitely should take some credit for your members' outstanding grades.
Colin Sampaleanu
Learning Outcome Statements
explain approaches to forecasting a company's operating expenses and working capital
CFA® 2025 Level I Curriculum, Volume 3, Module 7.