Skip to content

The construction of the pro forma income statement is based on:

Looking for the answer to the question below related to Financial Management?

The construction of the pro forma income statement is based on:

 Options:

A. the prior year’s income statement
B. sales projections and the production plan
C. the cash budget
D. the cash budget and prior year’s income statement

 

The Correct Answer Is:

  • B. sales projections and the production plan

 

Conclusion

I hope you got the answer to your question.

Leave a Reply

Your email address will not be published. Required fields are marked *