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Pro Forma, Period Adjustments

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Hey guys, few questions here:

1) I'm looking at a company that has decided to change its year-end reporting date from May 31 to December 31. Their latest report is for 7 months, ending in December 2013. How would you guys go about modeling this company out? Would you add the following quarter to it, and compare that entire period to previous fiscal year reports? Or would you take the quarter before this 7 month report, add that, and so on to adjust all previous reports and have it set up for new fiscal reports?


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