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stranahan stranahan
wrote...
Posts: 3324
7 years ago
A pro forma statement uses the prior year's financial statements to find the relationship or relative percentage of each line (accounting category) to either the sales revenue or the total assets of the firm.
A) True
B) False
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
Author:
Read 104 times
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Answer verified by a subject expert
BleedingDrBleedingDr
wrote...
Posts: 256
7 years ago
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stranahan Author
wrote...
7 years ago
Thank you very much for this. It's really helpful.
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