Question: A pro forma financial statement is a financial statement that: Multiple Choice expresses all values as a percentage of either total assets or total sales.

A pro forma financial statement is a financial statement that: Multiple Choice expresses all values as a percentage of either total assets or total sales. compares actual results to the budgeted amounts. compares the performance of a firm to its industry. projects future years' operating results. values all assets based on their current market values

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