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 dollar in cost,it tells us what percentage ends up as net income.
C)For every sales dollar,it tells us how much shareholders received in stock splits.
D)Pro forma statements provide the information identified in all of the above choices.

Question

Quizplus · Accepted Answer

Pro forma statements are financial statements that project the future financial performance of a company. They often include projected income statements, which can show what percentage of sales dollars are used to produce the product.

Which of the Below Does a Pro Forma Statement Tell