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Percent-of-Sales Financial Forecasting by Mikie Abrigo is a document available to read on EtoBox.
What is Percent-of-Sales Financial Forecasting about?
The document discusses how to construct pro forma financial statements using percent-of-sales forecasting. It provides an example of LoanShark Bank working with a customer, SonicMaster Supplies, to create pro forma income statements and balance sheets for 2016 using the percent-of-sales method. Historical financial data from 2012-2015 is given for SonicMaster. Estimates are made for items in 2016 based on percentages of the forecasted 25% increase in sales to $25.766 million. The pro forma statements will h
- Author
- Mikie Abrigo
- Language
- EN