Question: 6-2 Assignment: 24-Month Pro Forma The PM's directive at this point is for you to develop a 24-month pro forma that demonstrates the potential profitability
6-2 Assignment: 24-Month Pro Forma The PM's directive at this point is for you to develop a 24-month pro forma that demonstrates the potential profitability of revolutionizing the (EV) electric vehicle ecosystem. or service you're proposing in an income statement. To project what can be added to the General Motors profitability, you can use the GMs latest income statement, which is available in the 10-K report. To support your projections, analyze other 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 assumptions 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. Previous Fiscal Year: Identify historical information from the previous fiscal year. 24-Month Projections: Speculate projections for 24 months. Explanation of Assumptions: Explain your ability to speculate appropriate assumptions.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
