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Which of the following statements is false?
Pro-Forma Profit-And-Loss Statement
A projected financial statement that estimates a company's future profits or losses based on forecasted revenues and expenses.
Initial Capital Requirements
The amount of funding a business needs to start its operations, covering costs such as inventory, leasing, and other initial expenses.
Financial Ratios
Quantitative measures derived from financial statement analysis used to evaluate a company's financial health, performance, and operational efficiency.
Business Plan
A document that outlines the operational and financial objectives of a business, and details the strategies and timelines for achieving these goals.
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