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PROFORMA INCOME STATEMENT developed for marina owners and operators by Bellingham Marine 2018DIRECTIONS: change the numbers in blue to reflect your estimated values DATE: PROJECT NAME: LOCATION: CURRENCY:0Jan00 PROJECT PLACE U.S.
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How to fill out proforma income statement

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To fill out a proforma income statement, follow these steps:
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Start by collecting all the necessary financial data for your business, such as revenue, expenses, and taxes.
03
List your revenue sources separately, such as sales, services, or investments.
04
Calculate the total revenue by adding up the individual revenue sources.
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Next, list your expenses separately, such as salaries, rent, utilities, and marketing costs.
06
Calculate the total expenses by adding up the individual expense items.
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Subtract the total expenses from the total revenue to calculate the net income.
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Include any additional income or deductions that may affect the net income, such as interest income or depreciation.
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Finally, present the proforma income statement in a clear and organized format, highlighting the important figures and calculations.

Who needs proforma income statement?

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Proforma income statement is a financial report that shows the projected financial results of a business, based on hypothetical scenarios and assumptions.
Companies that are preparing for significant changes, such as mergers, acquisitions, or expansions, may be required to file proforma income statements.
To fill out a proforma income statement, businesses must make educated projections about their future revenue, expenses, and profits.
The purpose of a proforma income statement is to estimate the potential financial performance of a business before making important decisions.
A proforma income statement must include projected sales, expenses, profits, and other financial metrics.
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