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QUESTION 2 0 Th main weaknesses of pro forma financial statements are thicy produce inaccurate forecasts and they cannot be used by anyone oussithetely pro

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20

Th main weaknesses of pro forma financial statements are

thicy produce inaccurate forecasts and they cannot be used by anyone oussithetely

pro forma statements provide useful forecasts of prof

forecasts

they assume that the firm's past financial condition is

accounts to take on particular desired values

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