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Question 12 4 pts Which of the following is the first step involved in constructing pro forma financial statements? Forecasting the next period's balance sheet.

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Question 12 4 pts Which of the following is the first step involved in constructing pro forma financial statements? Forecasting the next period's balance sheet. Determining the additional funds needed (AFN) to support expected growth. O Forecasting the income statement. O Determining financing feedbacks. Computing the firm's operating breakeven point

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