Nobody has a crystal ball to tell the future, but a well-thought out pro forma can help you project to the best of your ability and explore different scenarios. A pro forma is simply a financial ...

A balance sheet provides a snapshot of a company's assets, liabilities and equity at a specific point in time, while an income statement summarizes its revenues and expenses over a period to show ...

A financial plan contains short- and long-term financial projections for a small or large business. A financial plan may also include a cash flow budget, which is a company's monthly forecast of cash ...

Displayed above are the pro forma balance sheet and income statement for the combined CVS-Aetna company. Unfortunately, the pro forma statements are a bit dated with a 2017 balance sheet and year-end ...

A balance sheet displays what a company owns, what it owes, how it's financed, and its shareholders' equity at a particular point in time. An income statement displays the company's revenues and ...

What Is the Income (Profit and Loss) Statement? A company's income statement details its revenue and expenses to demonstrate profitability for a period. For publicly traded companies, the income ...

A written report of the financial condition of a firm. Financial statements include the balance sheet, income statement, statement of changes in net worth and statement of cash flow. The first step in ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

The ending balance of a cash-flow statement will always equal the cash amount shown on the company's balance sheet. Cash flow is, by definition, the change in a company's cash from one period to the ...