Describe how it addresses the sales results,and then outline the issues this company faces regarding sales projections.

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 quarterly report for Deere & Company you downloaded for the Week 1 Analyzing the Statement of Cash Flows discussion.

Describe how it addresses the sales results,and then outline the issues this company faces regarding sales projections.

Guided Response: Review the posts from your classmates and respond to at least two.Compare and contrast the points you and your classmates made regarding the importance of preparing a sales projection in the process of financial forecasting.

Each response should have a minimum of 100 words.