How to make a predicted statement of financial analysis?

What Is a Predicted Financial Statement?It’s a financial report that shows what you think will happen in the future—like how much money you might earn or spend in the next year.How to Make One:1. Choose What to PredictDecide which part of your finances you want to forecast:Income statement (sales, expenses, profit)Cash flow (money in and out)Balance sheet (what you own and owe)2. Look at Past DataFind your previous numbers—such as sales and expenses from last year.3. Make Simple AssumptionsThink about what might change.For example:Sales might go up 10%Expenses might rise 5%Rent stays the same4. Do the MathApply your assumptions to the old numbers to make predictions.Example:If you earned $10,000 last year and expect a 10% increase:$10,000 × 1.10 = $11,000 for this year

Answered by trueliambee | 2025-04-27