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Question 7 1 Point When constructing pro forma financial statements, which of the following steps should be completed first? A Forecast next period's balance sheet.

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Question 7 1 Point When constructing pro forma financial statements, which of the following steps should be completed first? A Forecast next period's balance sheet. B Determine the additional funds needed, AFN, to support expected growth. Forecast next period's income statement. D Determine whether the firm is operating above or below its operating breakeven point

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