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A company's operations in the past, present, and anticipated future are represented in numbers through finance modeling. A financial forecast based on pro-forma balance sheets is known as a pro forma forecast.

Finance is the study and practice of money, money-related instruments, and capital assets. The study of the creation, transfer, and consumption of money, assets, goods, and services is known as economics.  The process of raising money or capital for any kind of expenditure is referred to as finance. It involves directing various finance resources—such as credit, loans, and invested capital—to the businesses that can use them most effectively or who are in the greatest need of them. Investing, borrowing, lending, budgeting, saving, and forecasting are all included in the definition of finance, which is the management of financial resources. Any person or organization should consider it to be important. It plays a crucial role in a company because all businesses need to turn a profit in order to stay in operation.

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