What is a pro forma financial statement? What purpose does it serve?
A pro forma income statement is similar to a historical income statement. However, it projects the future rather than tracking the past. Pro forma income statements are an important tool for planning future business operations. For example, if the projections predict a downturn in profitability, we can make operational changes such as increasing prices or ...
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How do financial executives use pro forma financial statements? ... A pro-forma financial statement will be useful for shareholders, bondholders and lenders. ...
...Pro-Forma Income Statement. Silver Company has asked you to prepare a pro-forma income statement for the coming year. ...Pro-Forma Income Statement. ...
BYP5-6 MallMart: Perpare pro-forma income statements under two ideas. ... Thanks. This provides the steps to prepare pro-forma income statements under two ideas. ...
...Pro-forma earnings describe a financial statement which has hypothetical amounts, or estimates, built into the data to give a "picture" of a company's profits ...
