Question: 5- Create a Pro-forma Income Statement for XRX using its 2020 financial statements as a starting point. You determine realistic sales growth. Then, project the

 5- Create a Pro-forma Income Statement for XRX using its 2020

5- Create a Pro-forma Income Statement for XRX using its 2020 financial statements as a starting point. You determine realistic sales growth. Then, project the firms operating costs as a percentage of sales based on prior years. Ignore non- recurring items. 5- Create a Pro-forma Income Statement for XRX using its 2020 financial statements as a starting point. You determine realistic sales growth. Then, project the firms operating costs as a percentage of sales based on prior years. Ignore non- recurring items

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