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When creating pro forma financial statements, the sum of debt and equity may be less than total assets even after considering the inclusion of retained
When creating pro forma financial statements, the sum of debt and equity may be less than total assets even after considering the inclusion of retained earnings. This situation will cause the firm to have:
An additional liability need.
An internal financing need.
An external financing need.
An asset reduction need.
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Investing All In One For Dummies
Authors: Eric Tyson
2nd Edition
1119873037, 978-1119873037
