Using the company’s financial statements, construct a pro forma income statement and balance sheet for the company using the percentage-of-sales method.

Select a publicly held company and access the company’s Web page on the Internet to read its most recent annual report. The annual report is typically found in an “Investor Relations” or “Company Information” section within the company’s Web site. You can use this website to look up any publicly traded company’s documents for additional consideration. Complete the following:

 

  • Using the company’s financial statements, construct a pro forma income statement and balance sheet for the company using the percentage-of-sales method.
  • Be sure to include the original statements along with a defendable sales forecast.
  • Upon completion of the financials, write a paper detailing the process and what you learned about the company as you work through this activity.

1 excel sheet and word document with 500 words

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