Prior to beginning work on this discussion, read Chapter 4: Financial Forecasting from your textbook.
Before developing a pro forma income statement, one must first prepare a sales projection. Explain why this first step is so critical based on your reading. Then, review the Deere & Company quarterly report you downloaded for the Week 1 Making Sound Investment Decisions discussion. Describe how it addresses the sales results, and outline the sales projections issues this company may encounter.
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