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Income Projections Statement Form

Income Projections Statement Form

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How to create a 3 year projected income statement for owner operator trucking business

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Instructions and help about Income Projections Statement

welcome to proforma modeling we're going to start by forecasting this income statement it's a simple income statement that we can forecast by itself without a balance sheet or cash flow statement we're asked to do so and then answer a few of these questions up here so the way this is set up we have the historical performance of The Firm we have the historical income statement up here in the upper left quadrant I've drawn these golden lines on here just to separate this worksheet into quadrants and here's where our history is we're going to calculate some ratios and then we're going to assume that those ratios can be extended into the future we're told in the problem that's a safe assumption and then we're going to use those drivers to forecast our actual income statement you may be thinking well I could just forecast each line and perhaps with this one you could but as our models get more complicated we won

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