______ is projected net profit calculated from projected revenue minus projected costs and expenses.

Question

Quizplus · Accepted Answer

Pro forma Income is projected net profit calculated from projected revenue minus projected costs and expenses. Gross profit is the profit before deducting operating expenses, cost of goods sold is the cost of production of goods sold, and net sales is the actual revenue received from sales after deducting any returns or discounts.

______ Is Projected Net Profit Calculated from Projected Revenue Minus