In developing the pro forma income statement we follow four important steps: 1)compute other expenses,2)determine a production schedule,3)establish a sales projection,4)determine profit by completing the actual pro forma statement.What is the correct order for these four steps?
A) 1,2,3,4
B) 4,3,2,1
C) 2,1,3,4
D) 3,2,1,4

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The Answer of In developing the pro forma income statement we follow four important steps: 1)compute other expenses,2)determine a production schedule,3)establish a sales projection,4)determine profit by completing the actual pro forma statement.What is the correct order for these four steps?
A) 1,2,3,4
B) 4,3,2,1
C) 2,1,3,4
D) 3,2,1,4

In Developing the Pro Forma Income Statement We Follow Four