Question: Proforma Income statement I need help creating a proforma income statement in excel (Value given) for 2021, 2022, 2023 1. Reduce SG&A expanse by 10%

Proforma Income statement

Proforma Income statement I need help creating a proforma income statement in

I need help creating a proforma income statement in excel (Value given) for 2021, 2022, 2023

1. Reduce SG&A expanse by 10% through the years

2. Reduce COGS by 10% through the years

3. Increase in sales revenue by 10%

A B C D E 1 2021 2022 2023 Pro Forma Income Statement 2 3 Sales/Revenue 4 COGS 5 Depreciation & Amortization Expense 6 Gross Income 7 SG&A Expense 8 EBIT 9 Unusual Expense 10 Non Operating Income/Expense 11 Interest Expense 12 Pretax Income 13 Income Tax 14 Net Income 15 16 2020 1,041 692 609 349 275 74 0 3 2 74 18 56

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!