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Complete the Comprehensive Problem on page 120. Be sure to prepare the following: Prepare a monthly cash budget Monthly and quarterly pro forma income statements
Complete the Comprehensive Problem on page 120.
Be sure to prepare the following:
Prepare a monthly cash budget
Monthly and quarterly pro forma income statements
A pro forma quarterly balance sheet
All necessary supporting schedules for the first quarter
Then respond to the following question: How much financing should Mr. Marxh request from the banker?
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