Using the company’s financial statements, construct a pro forma income statement and balance sheet for the company using the percentage-of-sales method.
State, explain, and support the second (and third if desired) disadvantage (economic, social, political, environmental, social, equitable, ethical/moral, etc.) to your solution and provide a logical answer. This should be one or two (1-2) paragraphs.
August 5, 2017How are the people depicted?
August 5, 2017Using the company’s financial statements, construct a pro forma income statement and balance sheet for the company using the percentage-of-sales method.
1 Excel spreadsheet + 1 Word document of 600 words
Select a publicly held company and access the company’s Web page on the Internet to read its most recent annual report. The annual report is typically found in an “Investor Relations” or “Company Information” section within the company’s Web site. Complete the following:
- Using the company’s financial statements, construct a pro forma income statement and balance sheet for the company using the percentage-of-sales method.
- Be sure to include the original statements along with a defendable sales forecast.
- Upon completion of the financials, write a paper detailing the process and what you learned about the company as you work through this activity.
