Question: Question 1 4 The pro forma income statement is important to the overall process of constructing the pro forma balance sheet because it allows us

Question 14
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
change in retained earnings.
gross profit.
interest expense.
prepaid expenses.
Question 14 The pro forma income statement is important to the

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