Question: Complete the Comprehensive Problem on page 120. Be sure to prepare the following: Prepare a monthly cash budget Monthly and quarterly pro forma income statements

Complete the Comprehensive Problem on page 120.

Be sure to prepare the following:

Prepare a monthly cash budget

Monthly and quarterly pro forma income statements

A pro forma quarterly balance sheet

All necessary supporting schedules for the first quarter

Then respond to the following question: How much financing should Mr. Marxh request from the banker?

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