PRO-FORMA INVOICE Definition

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PRO-FORMA INVOICE is a price quote. It is written as an invoice, and, in effect, says: This is the purchase price and terms we are offering.

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VOLUME GAIN is to obtain advantages due to increase in volume, such as value increase, points in gross margin or profit.

SUSTAINING CAPITAL REINVESTMENT is the periodic capital outlay required to maintain operations at existing levels, net of the tax shield available from such outlays.

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