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TABLE 6–7 Pro Forma Income Statement Income Statements for Time Periods Indicated Actual Sales for 2012 Pro Forma Sales for 2013 Sales COG Gross Profit $200,000 100,000 $100,000 $250,000 $125,000 $125,000 Operating Expenses Rent 24,000 3,000 60,000 2,400 5,000 4,500 $ 98,900 $ 1,100 5,000 $ (3,900) 24,000 3,600 63,000 3,000 7,000 7,800 $108,400 $ 16,600 6,800 $ 9,800 Utilities Salaries Insurance Depreciation Equipment Totai Operating Expenses Operating Profit Interest Expense Net Profit

TABLE 6–7 Pro Forma Income Statement Income Statements for Time Periods Indicated Actual Sales for 2012 Pro Forma Sales for 2013 Sales COG Gross Profit $200,000 100,000 $100,000 $250,000 $125,000 $125,000 Operating Expenses Rent 24,000 3,000 60,000 2,400 5,000 4,500 $ 98,900 $ 1,100 5,000 $ (3,900) 24,000 3,600 63,000 3,000 7,000 7,800 $108,400 $ 16,600 6,800 $ 9,800 Utilities Salaries Insurance Depreciation Equipment Totai Operating Expenses Operating Profit Interest Expense Net Profit

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Describe how to develop a pro forma income statement .

TABLE 6–7 Pro Forma Income Statement Income Statements for Time Periods Indicated Actual Sales for 2012 Pro Forma Sales for 2013 Sales COG Gross Profit $200,000 100,000 $100,000 $250,000 $125,000 $125,000 Operating Expenses Rent 24,000 3,000 60,000 2,400 5,000 4,500 $ 98,900 $ 1,100 5,000 $ (3,900) 24,000 3,600 63,000 3,000 7,000 7,800 $108,400 $ 16,600 6,800 $ 9,800 Utilities Salaries Insurance Depreciation Equipment Totai Operating Expenses Operating Profit Interest Expense Net Profit
Transcribed Image Text:TABLE 6–7 Pro Forma Income Statement Income Statements for Time Periods Indicated Actual Sales for 2012 Pro Forma Sales for 2013 Sales COG Gross Profit $200,000 100,000 $100,000 $250,000 $125,000 $125,000 Operating Expenses Rent 24,000 3,000 60,000 2,400 5,000 4,500 $ 98,900 $ 1,100 5,000 $ (3,900) 24,000 3,600 63,000 3,000 7,000 7,800 $108,400 $ 16,600 6,800 $ 9,800 Utilities Salaries Insurance Depreciation Equipment Totai Operating Expenses Operating Profit Interest Expense Net Profit
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