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Which of the following statements would NOT be a valid use of pro forma financial statements? A. to determine a firm's needs for financing B.
Which of the following statements would NOT be a valid use of pro forma financial statements?
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A. to determine a firm's needs for financing
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B. to enhance a firm's ability to offer shareholders guaranteed operating results
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C. to analyze the effects of a firm's forecasts on its financial performance
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D. to serve as a benchmark when comparing actual results to planned activities
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