Answer to Question 1
A key element of financial planning is the development of financial statements called pro forma statements. Instead of describing the results of a firm's past operations, they are projected financial statements; in other words, they present a forecast of what will happen in the future. The two major pro forma statements are the budgeted income statement and the budgeted balance sheet.
Budgeted income statement: It uses information from the sales budget and various cost budgets to develop a forecast of net income for the planning period.
Budgeted balance sheet: It projects the types and amounts of assets a firm will need to carry out its future plans and shows the amount of additional financing (liabilities and owners' equity) the firm must obtain to acquire those assets.
Answer to Question 2
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Three Types of Lunar Eclipses
Types of Soil Porosity
The Amounts of the Different Minerals in Your Body The major minerals are present in larger amounts
Please fully explain the answer with steps
Describe the Conceptual Forecasting Framework in your own words.
The outcome of crosses involving the three types of petite mutations