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