Develop pro forma financial statements


Question: Suppose you are the protagonist in this case, Mr. Martin. Use historical financial statements for the years 1993, 1994, and 1995 to develop pro forma financial statements for the company (both an income statement and a balance sheet).

As outlined in the case, your firm projects a 20% increase in sales for 1996 and 1997.

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Accounting Basics: Develop pro forma financial statements
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