Explain the difference between financial statements and pro forma (forward-looking) financial statements and how these statements are developed and used in financial management and planning.
Explain the difference between financial statements and pro forma (forward-looking) financial statements and how these statements are developed and used in financial management and planning.
Explain the difference between financial statements and pro forma (forward-looking) financial statements and how these statements are developed and used in financial management and planning.
Explain the difference between financial statements and pro forma (forward-looking) financial statements and how these statements are developed and used in financial management and planning.
Approach to decide on the efficient procurement and investment of funds for the day-to-day operations of a business. Financial management aims at profit maximization, and it includes financing and capital budgeting.
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