Question: How are benchmark numbers from other businesses useful in developing pro forma financial statements? If a publicly traded company unexpectedly failed to achieve their sales

 How are benchmark numbers from other businesses useful in developing pro

How are benchmark numbers from other businesses useful in developing pro forma financial statements? If a publicly traded company unexpectedly failed to achieve their sales forecast, what would you expect to happen to its stock price and trading volume? How does this relate to the efficient market hypothesis

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