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The primary reason the income statement is forecast prior to the balance sheet in the financial planning process is because ______ must be estimated. current
The primary reason the income statement is forecast prior to the balance sheet in the financial planning process is because ______ must be estimated.
current liabilities that change naturally with changes in sales
funds that must raise externally through new borrowing or by selling new stock
the market value of stock in the coming year
the total of cash flows from various activities during the year
the amount of retained earnings the company expects to generate during the year
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