Projected Pro forma statements and sales goals
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Please clarify regarding projected Pro forma statements and sales goals.
These forecasted statements are supposed to help businesses set goals but how can they be dependable in a fluctuating economy? In a stable economy, I can understand but with an unsure economy, it would appear to be questionable projecting anything.
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Solution Summary
The solution determines the projected pro forma statements for sales goals.
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ANSWER
Your concern is very valid, that is why when managers forecast for projects, divisions and companies, they usually employ revenue and expense ...
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