Question: Help Save & Exit Subm 5 The pro forma income statement is important to the overall process of constructing the pro forma balance sheet because

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The pro forma income statement is important to the overall process of constructing the pro forma balance sheet because it allows us to determine a value for

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change in retained earnings.

prepaid expenses.

gross profit.

interest expense.

Help Save & Exit Subm 5 The pro forma income statement

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