Solved: Describe pro forma income and importance of pro forma income, Accounting Basics

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Describe pro forma income and importance of pro forma income

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o Describe pro forma income and the importance of pro forma income in the evaluation of the income statement. Choose at least two items that are excluded from pro forma income. Suggest to management why including the items would be misleading to investors and creditors.

The response should include a reference list. One-inch margins, Using Times New Roman 12 pnt font, double-space and APA style of writing and citations.

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Accounting Basics: Describe pro forma income and importance of pro forma income

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