Pro forma statements are important since they formally report the performance of the firm during the previous reporting period.
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Q14: The percent-of-sales method can be used to
Q30: Other things equal,higher net profit margins mean
Q31: When preparing pro forma financial statement,the income
Q32: Discretionary financing needed (DFN)is equal to projected
Q34: Spontaneous financing is financing obtained at the
Q36: For a growing firm,external financing needed will
Q37: Other things equal,if a firm increases its
Q38: A set of estimates which corresponds to
Q39: Pro forma financial statements depict the end
Q40: Forecasts of revenues and their related expenses
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