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Pro forma income statement
Pro forma income statement



Pro forma income statement

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Date added: 27.03.2015
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Pro forma financial statements are prepared in advance of a planned transaction, such as a merger, an acquisition, a new capital investment, or a change in

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Many companies issue pro-forma financial statements in addition to generally accepted accounting principles (GAAP) -adjusted statements as a way to provide Definition of pro forma statement: Projected or estimated financial statement that attempts to present a reasonably accurate idea of what a firm's financialBalance Sheet and Income Statement https://www.youtube.com/watch?v=DLTelkJ2qDA For more videos In constructing pro forma statements, a company recognizes the uniqueness and distinct financial characteristics of each proposed plan or project. Pro forma

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Investors should be careful when reading a company's pro-forma financial statements, as the figures may not comply with generally accepted accounting Therefore, it prepares projected balance sheets, income statements, and statements of cash flows. These projected financial statements are referred to as pro Jump to Financial statements - In business, pro forma financial statements are prepared in Also, banks will request pro forma statements in lieu of tax


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