Week 10

Please respond to the following:

• Describe pro forma income and the importance of pro forma income in the evaluation of the income statement. Choose at least two items that are excluded from pro forma income. Suggest to management why including the items would be misleading to investors and creditors.
• Be sure to respond to at least one of your classmates’ posts.

Week 11

Please respond to the following:

• Rate the three most important concepts that you have learned in this course in order of importance (1 being the most important; 3, the least). Provide a rationale for your rating scheme.
• Be sure to respond to at least one of your classmates’ posts

Answer rating: 100% (QA)

Pro Forma Income in Evaluation Of Income Statement Pro forma income is a financial description which uses the calculation method to draw a focus on specific figure when a company makes an earnings ann... View the full answer