Which of the below does a pro forma statement tell us?
A)For every sales dollar,it tells us what percentage went to produce the product.
B)For every sales dollar,it tells us what percentage ends up as net income.
C)For every sales dollar,it tells us how much shareholders received in dividends.
D)Pro forma statements provide the information identified in all of the above choices.

Question

Quizplus · Accepted Answer

Pro forma statements are projected financial statements that provide estimates of future financial performance, including costs, net income, and dividends, thus encompassing all the information in the choices.

Which of the Below Does a Pro Forma Statement Tell