Developing a pro forma income statement

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Reference no: EM132819992

Before developing a pro forma income statement, one must first construct a sales projection.

  • Explain why this first step is so critical based on your reading.

Then, review the quarterly report for Deere & Company you downloaded for the Week 1 Analyzing the Statement of Cash Flows discussion. (John Deere. (n.d.). Investor relations. Retrieved from https://investor.deere.com) FY20, First Quarter

  • Describe how it addresses the sales results, and then outline the issues this company faces regarding sales projections.

References

Block, S. B., Hirt, G. A., & Danielson, B. R. (2019). Foundations of financial management (17th ed.). Retrieved from https://www.vitalsource.com/ 

John Deere. (n.d.). Investor relations. Retrieved from https://investor.deere.com

Reference no: EM132819992

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