How a pro forma financial statement

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Reference no: EM131571116

1. Which of the following is not how a pro forma financial statement is used?

to determine the amount of money needed for a future project

to reflect the current business environment

to predict future years’ operations

to analyze the effects of the firm’s forecasts on its financial performance

2. _______ is a non-cash expense representing the cost of assets as they lose value over time.

Liability

Negative interest

Amortization

Depreciation

Reference no: EM131571116

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