A ﬁnancial plan should contain ______________ which provide a model of the ﬁrm's asset structure for the years to come.

Question

Quizplus · Accepted Answer

A financial plan should contain pro forma balance sheets which provide a projected view of the firm's asset structure for the years to come. Pro forma sales forecasts and income statements are also important components of a financial plan, but they do not provide a detailed breakdown of the assets and liabilities of a firm like a balance sheet does. Pro forma financial requirements and common-size balance sheets are not typically included in a financial plan.

A ﬁNancial Plan Should Contain ______________ Which Provide a Model