Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, economics, and public policy. Peter began covering markets at Multex (Reuters) and has ...
A pro-forma forecast is based on income statements, balance sheet and statement of cash flow. Pro-forma projections do not typically follow Generally Accepted Accounting Principles (GAAP). There are ...
Entrepreneurs usually create pro forma statements to project future financial returns from new business ventures. Pro forma statements are commonly included in the entrepreneur's business plan. These ...
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