Need help in developing a set of pro forma financials (income statement 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%. Be sure to list the underlying assumptions of your analysis and computations. Recalculate the same ratios from attached excel worksheet.© BrainMass Inc. brainmass.com December 24, 2021, 5:58 pm ad1c9bdddf
The expert examines the percent of sales methods.