Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Sales forecasting / Pro Forma Income Statement Carefully create a pro forma income statement for THREE year time period The first year pro forma income

image text in transcribed

image text in transcribed

Sales forecasting / Pro Forma Income Statement

Carefully create a pro forma income statement for THREE year time period

The first year pro forma income statement needs to be broken down into months (12 months) One worksheet

The second year and third year can be yearly. However, please present it in three yearly columns. Year 1, Year 2 and Year 3. Second worksheet

State your assumptions clearly.

Be ready to defend your numbers.

Break-Even Analysis

Show your work/calculation

The numbers should match your pro forma income statements

State your result

How much start up money do you need?

One time?

In stages?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Financial Diet A Total Beginners Guide To Getting Good With Money

Authors: Chelsea Fagan, Lauren Ver Hage

1st Edition

1250176166, 978-1250176165

More Books

Students also viewed these Finance questions

Question

an element of formality in the workplace between different levels;

Answered: 1 week ago