Pro Forma Financial Statement
Not what you're looking for?
What is a pro forma financial statement? What purpose does it serve?
How do legal and ethical considerations impact pro forma financial statements?
How can pro forma financial statements be used to aid managers in decision-making?
Purchase this Solution
Solution Summary
This solution is comprised of a detailed explanation to answer the request of the assignment of more than 200 words of text.
Solution Preview
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 ...
Purchase this Solution
Free BrainMass Quizzes
Employee Orientation
Test your knowledge of employee orientation with this fun and informative quiz. This quiz is meant for beginner and advanced students as well as professionals already working in the HR field.
Understanding Management
This quiz will help you understand the dimensions of employee diversity as well as how to manage a culturally diverse workforce.
Marketing Research and Forecasting
The following quiz will assess your ability to identify steps in the marketing research process. Understanding this information will provide fundamental knowledge related to marketing research.
Change and Resistance within Organizations
This quiz intended to help students understand change and resistance in organizations
Organizational Leadership Quiz
This quiz prepares a person to do well when it comes to studying organizational leadership in their studies.