Examlex
When constructing pro forma income statements which of the following is the last item to be estimated?
Financing Statement
A financing statement is a document filed by a creditor to indicate a security interest in the assets of a debtor, typically used in relation to secured transactions.
Purchase Money Security Interest
A legal claim that allows a lender to repossess or foreclose on property if the borrower fails to repay a loan used to purchase the property.
Bankruptcy
A legal process that allows individuals or entities unable to meet their financial obligations the opportunity to discharge or reorganize their debts.
Court Order
An official proclamation by a judge that defines the legal relationships between the parties to a hearing, a trial, an appeal or other court proceedings.
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