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Prepare the Pro Forma Income Statement with Vertical Analysis for XYZ Company for the Quarter Ended December 31, 2021. Use the following projected information: Sales-$211,219;
Prepare the Pro Forma Income Statement with Vertical Analysis for XYZ Company for the Quarter Ended December 31, 2021.
Use the following projected information:
Sales-$211,219; Cost of Goods Sold; $126,731, Salaries Expense-$31,683; Depreciation Expense-$6,000; Other Operating Expenses-$21,122
USE TEMPLATE BELOW
XYZ Company | ||
Pro Forma Income Statement | ||
Quarter Ending December 31, 2021 | ||
Vertical Analysis | ||
Sales | ||
Cost of Goods Sold | ||
Gross Profit | ||
Operating Expenses: | ||
Salaries Expense | ||
Depreciation Expense | ||
Other Operating Expenses | ||
Total Operating Expenses | ||
Net Income |
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