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Use iteration calculations in Excel to eliminate DFN in the pro forma balance sheet if DFN is not equal to 0. If DFN is a

Use iteration calculations in Excel to eliminate DFN in the pro forma balance sheet if DFN is not equal to 0. If DFN is a deficit, 50% of the deficit amount will be raised using short-term debt and the other 50% will be raised using long-term debt.

If there isdeficit, how would you do the above (short term debt for the company is 0 over the years).

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