Posted: June 5th, 2021

Describe pro forma income and the importance of pro forma income in the evaluation of the income statement.

Title ACC 556 Weekly Discussion week 10Please respond to the following:Describe pro forma income and the importance of pro forma income in the evaluation of the income statement. Choose at least two items that are excluded from pro forma income. Suggest to management why including the items would be misleading to investors and creditors.

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