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A. Using this data, construct an actual income statement for this year and a pro forma income statement for NEXT year. B. By what percentage
A. Using this data, construct an actual income statement for this year and a pro forma income statement for NEXT year. 
B. By what percentage did your net income change?
C. What are your current profit margin and your pro forma profit margin?
D. Using percentage of sales method, determine if any additional financing is needed for your business next year.
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, and Terry D. Warfield
15th edition
ISBN: 978-1118159644, 9781118562185, 1118159640, 1118147294, 978-1118147290
