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What do financial managers look for when they analyze pro forma financial statements?
After the pro forma financial statements are finished, financial managers examine the forecast to determine
(1) what present trends suggest what will happen to the firm in the future.
(2) what effect management's current budgets and plans will have on the firm.
(3) what actions to take to evade problems revealed in the pro forma statements.
numericals with solutions
An investor, who wants to sell a bond even before it reaches its maturity date, would be concerned as to whether he will receive a price that is close to the true
A legal claim on exact assets which were used to make loan secure.
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