Jamie Diehl has spent the past several days pouring over her historical financial statements and her projections for future sales periods based on forecasts. Jamie's objective is to develop a set of financial statements that she can show to an investor, which will reflect the projected financial status of her firm for the next two-three years. Jamie is working on creating a set of ________ financial statements.

Question

Quizplus · Accepted Answer

Pro forma financial statements are projections of a company's future financial performance based on historical financial information and expected changes, such as growth in sales or new investments. These projections are often used to show potential investors or lenders the expected financial status of the business in the future.

Jamie Diehl Has Spent the Past Several Days Pouring Over