Week 7 | FIN 534 – Financial Management | Strayer University

 

  • Explain the difference between financial statements and pro forma financial statements. Describe how these statements are developed and used in financial management and planning.

Respond:

 

pro forma financial statement projects performance over a period that has not yet happened. By using fictitious data or assumptions about future values. Unlike a financial statement, which is based on previous actual transactions, financial statements are documents that describe a company’s operations and financial performance.

Describe how these statements are developed and used in financial management and planning.

Investors, market analysts, and creditors assess a company’s financial stability and profit potential using its financial statements.

A company’s financial performance for a future time can be predicted using pro forma financial statements. Pro forma predictions are used by businesses to help them prepare for the best-case and worst-case scenarios.

The knowledge a corporation may learn from pro forma income statements is crucial. The financial accounts can assist in estimating if generating new items would result in higher expenditures, for instance, if it is getting ready to create new products.

Financial statements include income statements, balance sheets, and statements of cash flows. Traders can use these three statements as educational tools to assess a company’s financial health and to determine its underlying worth quickly.

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more
Need help?