Question: 2 4 - Month Pro Forma Replace the text in brackets with the appropriate values in each row. table [ [ Income Statement,Previous Fiscal

24-Month Pro Forma
Replace the text in brackets with the appropriate values in each row.
\table[[Income Statement,Previous Fiscal Year PEPSICO 2024,24-Month Projections PEPSICO LFE (NEW PRODUCT)],[Sales,,],[Cost of goods sold,,],[Gross profit,,],[Selling expenses,,],[Administrative expenses,,],[Total operating expense,,],[Income from operations,,],[Other income,,],[Income before tax and linterest,,],[Other expense (interest),,],[Income before income tax,,],[Income tax expense,,],[Net income,,]]
Explanation of Assumptions
[Insert 1-2 paragraphs explaining how you speculated appropriate assumptions.]
The PM's directive at this point is for you to develop a 24-meath pre forma that demonstrates the potential profisability of the new product or service you're proporing in an income statement. You will use the Module Six Assignment Template linked in the What to Submit section below to complete this assignment. To project what can be added to the company 's profitablity, you can use the compary's latest income statement, which is available in the 10-K report. To support your projections, analy ze odher companies in the marketplace with similar products or services. Additionally, you can base your projections on the company's recent year-end financials and key assumptioes based on your market analysis. Remember, these numbers are purely speculative. Based on your projections, you are also required to provide a budget assumptions summary. This summary should outline the key factors, estimates, and rationale used to develop the budget, providing context for the numbers presented and helping senior management understand the reasoning behind the projections and financial decisions. Specifically, you must address the following rubric criteria:
Previous Fiscal Year: Identify historical information from the previous fiscal year.
24-Month Projections: Speculate projections for 24 months.
Esplanation of Assumptions: Explain your ability to speculate appropriate assumptions.
2 4 - Month Pro Forma Replace the text in

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