Why can pro-forma financial information be misleading?

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Financial Reporting and Analysis Using Financial Accounting Information

ISBN: 978-1439080603

12th Edition

Authors: Charles H Gibson

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Question Posted: Jun 23, 2012 06:13 AM

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Why are pro forma financial statements important to the financial planning process?
Why are pro forma financial statements important to the financial planning process?
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Why can pro-forma financial information be misleading?

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Pro forma financial information is hypothetical or a projected amount ...View the full answer

Financial Reporting and Analysis Using Financial Accounting Information

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