Pro Forma Statements

Read this chapter and pay close attention to the summary of pro- forma financial statements as follows: (1) the pro-forma income statement, (2) the pro-forma balance sheet, (3) assessment of pro-forma statements, (4) the bigger picture, and (5) end of chapter problems. Attempt the practical exercises at the end of the section to check your understanding of the uses of pro-forma financial statements. Note that the images in this resource are broken.