Explain how you should manage the pro forma statements, Finance Basics

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Explain how you should manage the pro forma statements

Problem: You are preparing pro forma financial statements for 2023. According to your analysis, the pro forma statements project a positive plug of $600,000 for next year. Explain what it means and explain how you should manage the pro forma statements until further revisions. (By excel)

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Finance Basics: Explain how you should manage the pro forma statements

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