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