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Selected Companies Pro Forma

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Issue:

Business

 

Written by:

Gina L

 

Date added:

October 12, 2014

 

Level:

University

 

Grade:

B

 

No of pages / words:

4 / 1087

 

Was viewed:

2869 times

 

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Essay content:

“The most comprehensive means of financial forecasting is to develop a series of pro forma, or projected, financial statements” (2005, Block & Hirt, p. 88, chap. 4). Financial Statements A set of financial statements include an income statement and balance sheet for the upcoming year. These financial statements use percent-of-sales method assuming sales for Apple have increased by 15%...
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88, chap. 4). Financial Statements A set of financial statements include an income statement and balance sheet for the upcoming year. These financial statements use percent-of-sales method assuming sales for Apple have increased by 15%. “A systems approach is necessary to develop pro forma statements...
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