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When developing a pro forma income statement, which of the following steps are not used? Determine profit by completing the actual pro forma statement. Compute
When developing a pro forma income statement, which of the following steps are not used?
Determine profit by completing the actual pro forma statement.
Compute other expenses
Establish a marketing projection.
Determine a production schedule and the associated use of new material, direct labor and overhead to arrive at gross profit.
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