Basic pro forma financial statements

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What are the 3 basic pro forma financial statements, and why are they prepared?

What is the basic assumption and the 4 basic steps required to construct pro forma statements using the percent-of-sales method?

What is the purpose and process for preparing a cash flow forecast and cash budget?

Other that the percent-of-sales method, what other models are commonly used to construct pro forma statements?

What are the advantages and drawbacks of each?

Reference no: EM13743578

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