1. Which of the following is not how a pro forma financial statement is used? (1 point) O to analyze the effects of the firm's forecasts on its financial performance O to determine the amount of money needed for a future project Oto reflect the current business environment O to predict future years operations 2. Free cash flow is the available cash after have been paid. (I point) O creditors and shareholders shareholders, creditors, and taxes operating expenses, creditors, and taxes operating expenses, taxes, and shareholders 3. When is historical data not useful? (1 point) O to determine the amount of money needed for a future project Oto predict sales based on past growth Oto plan for future years' operation costs to adjust for a sudden cost increase of a resource 4. Measuring involves analyzing the income statement and balance sheet (1 point) O cash flow financing operating expenses profit is most important (1 point) 3. When assessing the value of a business. O capital assets cash flow O profit