In developing the pro forma income statement we follow fourimportant steps: 1) compute other…

In developing the pro forma income statement we follow fourimportant steps: 1) compute other…

In developing the pro forma income statement we follow fourimportant steps:
1) compute other expenses,
2) determine a production schedule,
3) establish a sales projection,
4) determine profit by completing the actual pro formastatement.

What is the correct order for these four steps?
A) 1,2,3,4
B) 4,3,2,1
C) 2,1,3,4
D) 3,2,1,4

  QUESTION TITLE :- In developing the pro forma income statement we follow four important steps:

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