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    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 Preview

    Your concern is very valid, that is why when managers forecast for projects, divisions and companies, they usually employ revenue and expense ...

    Solution Summary

    The solution determines the projected pro forma statements for sales goals.