Question

In: Finance

There are a variety of ways to produce pro forma statements, but they usually rely on two primary inputs.


There are a variety of ways to produce pro forma statements, but they usually rely on two primary inputs. One of these primary inputs is _______ 

 A. this year's financial statements 

 B. the projected sales for the coming year 

 C. the projected sales for the past year 

 D. next year's financial statements

Solutions

Expert Solution

B.The projected sales for the coming year.

One of the primary inputs for preparing proforma statements is the projected sales for the coming year.

Other input being estimates of liabilities and costs.


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