You construct a pro forma income statement and balance, Financial Management

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You construct a pro forma income statement and balance

You construct a pro forma income statement and balance sheet in order to estimate the amount a company needs to borrow in the forthcoming period. If ______ are greater than _______ plus equity, this means the company needs to borrow money.

1) Liabilities, assets

2) Assets, liabilities

3) Liabilities, income

4) Assets, income

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Financial Management: You construct a pro forma income statement and balance

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