This note relates forecasting pro forma financial statements and cash flows of the project evaluation. The students have shown a link between profit and loss, balance sheet, and cash flows. Exercise provides practice in forecasting and analysis of projects, including the impact of inflation, changes in working capital, and the calculation of the discount rate. "Hide
by Robert S. Harris, 6 pages. Publication Date: March 29, 1991. Prod. #: UV2260-PDF-ENG