Josh Lee has owned a fitness center for the past four years. He has historical financial statements
Question:
Josh Lee has owned a fitness center for the past four years. He has historical financial statements but has never put together a set of pro forma financial statements.
He just applied for a bank loan and has been told he needs a set of pro forma financial statements for the next two years. If Josh asked you to help him, how would you tell him to proceed?
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Step by Step Answer:
Analyzing the Current Financial Statements The first step for Josh would be to analyze his historica...View the full answer
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