REVIEW QUESTIONS Answers to the Review Questions can be found on the Companion Website that accompanies this text at www.pearsoned.ca/atrill 3.1 In what ways might pro forma financial statements help a business that is growing quickly? 3.2 "The future is uncertain and so pro forma financial statements will almost certainly prove to be inaccurate. It is therefore, a waste of time to prepare them." Comment 33 Why would it normally be easier to prepare pro forma financial statements for an existing business than for a new one? 3.4 Why is the sales forecast normally of critical importance to the prepare of protonancial statements? 3.5 Why are depreciation expenses excluded from net income when preparing the cash