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

A pro forma financial statement is a financial statement that:
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.
A pro forma financial statement is a financial

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