Question: Before developing a pro forma income statement, one must first prepare a sales projection. Explain why this first step is so critical based on your

Before developing a pro forma income statement, one must first prepare a sales projection. Explain why this first step is so critical based on your reading. Then, review the quarterly report for Deere & Company you downloaded for the Week 1 Analyzing the Statement of Cash Flows discussion. Describe how it addresses the sales results, and then outline the issues this company faces regarding sales projections.

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