Explore BrainMass
Share

Home Depot Proformas using the Percent-of-Sales Method

This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

Based on the financial statement in the annual report for Home Depot (using 2007 figures) develop a set of pro forma financials (income and balance sheet only) for the next fiscal year-end using the percent-of-sales method. Assume that the company's sales have increased by 20%.

© BrainMass Inc. brainmass.com March 21, 2019, 4:04 pm ad1c9bdddf
https://brainmass.com/business/interest-rates/home-depot-proformas-percent-sales-method-173290

Attachments

Solution Summary

In this solution the author completes Home Depot proformas using the percent-of-sales method. Calculations are included and the solution is provided in a Microsoft Excel document.

$2.19