Constructing Pro-Forma Statements
By Tuesday, November 20, 2012, research a company of your choice and locate the latest financial statements published by the company.
For the following year, construct a pro-forma income statement and a pro-forma balance sheet for the company, using the assumption that sales will increase 20% in the first quarter and decrease by 10% in the third quarter. Sales will remain flat in the second and fourth quarters.
In addition, submit a three-page financial analysis of the company’s current condition.