Question: Which are true, which are false? True False Questions: 10 marks 1. Pro forma statements should consider the dividend policy of the finn. 2. All

Which are true, which are false?
True False Questions: 10 marks 1. Pro forma statements should consider the dividend policy of the finn. 2. All else equal, the lower the forecast growth the larger the level of external financing needed. 3. Sales forecasts are a common element among financial planning models 4. A pro forma income statement should consider both macroeconomic and industry forecasts
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