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    Pro forma financial statements.

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    How do financial executives use pro forma financial statements? How do organizational goals influence the preparation and evaluation of pro forma financial statements?

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    Proforma financial statements
    Pro-forma financial statements are also prepared and used by corporate managers and investment banks to assess the operating prospects for their own businesses in the future and to assist in the valuation of potential takeover targets. They are useful tools to help identify a company's ...

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    Three paragraphs and a reference explain pro forma financial statements.