A Pro Forma Income Statement is a projected income
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A Pro Forma Income Statement is a projected income

A Pro Forma Income Statement is a projected income statement. For our purpose, your team is expected to project income for a 5-year period based Cases #21 and #22: SIRIUS/XM RADIO information.

The cases end in Fiscal Year (FY) 2014. However, your with 5-year projection should begin with FY 2017. Your team will need to research beyond the textbook case material for this assignment.

The Pro Forma Income Statement needs to clearly delineate the appropriate assumptions,

Calculations, “exit strategies,” and logical competitive positions determined from your analyses.

It is critical that this assignment be properly formatted and easy to follow.

Hint
Accounts & FinanceA pro forma income statement is a type of financial statement that contains pro forma invoice details. Among the details contained are revenue projections, total liabilities and costs, cash flows, and account charts. This helps in predicting net incomes and gross profits....

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