Creating Projected (Pro Forma)financial Statements Would Allow a Business Owner

question 82

Multiple Choice

Creating projected (pro forma) financial statements would allow a business owner to answer which of the following questions?

• A)What profit can my business expect to achieve?
• B)What sales level must my business reach if our targeted profit is X dollars?
• C)What fixed and variable expenses can my business expect to incur at our targeted sales level?
• D)All of the above

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