Pro forma statements are generally prepared six months to a year into the future.
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Q15: Sales projections and the ability to accurately
Q16: The value of ending inventory should be
Q17: The longer the financial forecast (i.e. 5
Q18: Pro forma income statements and balance sheets
Q19: It is helpful to break down the
Q21: An increase in sales accompanied by an
Q22: The primary purpose of the cash budget
Q23: The primary purpose of the cash budget
Q24: Companies generally prefer to maintain some minimum
Q25: Required new funds shows that the firms
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