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Pro Forma Income Statement

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Pro Forma Income Statement

This video gives a detailed walk through on how to create a pro-forma income statement. The 2020 income statement for Tammy Corporation is presented below. Based on conversations with the company’s management and industry statistics, you anticipate sales growth from 2019 to 2020 to be 12%. Lower raw materials prices will cause cost of goods ...

3.9K viewsMar 18, 2020

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