1. What financial statement line item plays the role of a "base forecast" off of which many other forecasts are often derived?
2. n linHow do economies of scale manifest themselves ie item forecasts?
3. Are the income statement and the cash flow statement linked?
4. Does ratio analysis make sense in the context of a pro forma?
5. When would you want to use asset betas, and when would you want to use equity betas?
6. What is the most common model used to estimate the cost of capital in pro formas?