Our Pro Forma in Hindsight

thumbs up

Ease your homework burden with top-notch homework help service. Say goodbye to deadlines stress and let our expert tutors handle your assignments effortlessly.

Focus on what truly matters while we handle your homework and grades.

trustpilot ratings

4.2/5

trustpilot ratings

4.7/5

trustpilot ratings

4.8/5

Let’s now consider the view point as an analyst. Managers can really play their role game by looking on the previous pages of analysis just to play out if they have succeeded to the expectations or not. Whether you were right or wrong about the assumptions and so on and you learn from your own mistakes. If not, you will surely make another mistake in future too! Let’s consider Hindsight: why is the unbiased estimate of pro forma lower than that of original value of market? Were they too pessimistic or optimistic!

Taking an example of a contractor, they are categorized as poor investments in the year 2000. You might consider the same as a correct forecast but the events like September 11, 2001 will prove the prediction wrong. But in general, such forecast does not consider such events as they are unexpected to happen.

Talking another example of PepsiCo when the forecast of the year 2001 were optimistic than that of pro forma. In this case, the presence of autopsy will let you know of the situation or segment which can be wrong further. But in case of pessimistic forecast, the forecast of pro forma is realized as too low. And the major issue here is that one cannot compare the figures and number of the historical numbers to the predicted future numbers. Considering the example of PepsiCo when they sold two major divisions of Frito-Lay! This affected the sales report including COGS which means that the realization was looked from year to year. And therefore, our predictions which are mentioned in table 20.10 is realized to be too low than the actual numbers.

Our Pro Forma in Hindsight 38

Net Sales: The actual sales report was increased to about $1600 million from the year 2001 to 2002 which is in fact very high than the predicted sales growth of $97 million.

Cash Flows: After selling the division to other subsidiaries, they were able to produce windfall at one time cash which was realized over $4.2 billion in the year 2002. But the prediction was made around $2.7 billion.

Earnings: The earnings of the company were growing smoother than that of the cash flow on the company which was clearly faster and bigger than that of what we thought of.

And that’s how we can say that our predictions were too pessimistic! The sales were higher, earnings were higher and so were the profits! The reason can find served with inaccurate information and numbers we took in the account. And that’s where it is justified, that internal information is too sensitive and important in order to create a good pro forma. And as an external analyst, you cannot get the access to everything you want!

Our Pro Forma in Hindsight 39

So consider these examples as exemplar of humility in which you cannot really predict the exact market value of the company as it truly is! Yes, you might say that economic knowledge will help in improving the facts and figures, but not entirely! The uncertainties found in the model are not really discouraging but in fact, one must learn from their bad pro formas and focus on building a better one. You might not be able to forecast well! The only thing that you need to work on is better forecast than the rest of the analyst for a profitable and successful career as a financial analyst.

Our Pro Forma in Hindsight 40

Links of Previous Main Topic:-

Links of Next Financial Accounting Topics:-

How We Help With Homework

Our Workflow

5
Step 1

Submit your homework

  • Describe your task requirements, and set the deadline using our online form.

5
Step 2

Connect to qualified tutors

  • Receive instant quotes from experts. Pay using secure payment gateways.

Step 3

Get accurate solutions

  • Receive plagiarism-free solutions in your mentioned deadline. Unlimited free revisions included.

  • NHonest Pricing
  • NBetter Grades
  • NMoney-back Guarantee

Get Started with Help on Homework

Your Benefits

subjects covered

70+ Subjects

Our team of professional academic writers are experts in their fields and are well-equipped to handle any complex subject. You can always count on one of our specialists to assist you.

short deadline

Short Deadlines

We understand the importance of meeting deadlines and we pride ourselves on being able to deliver tasks quickly. No matter how tight the deadline, we will complete your homework on time.
chat with expert

Chat with Expert

Stay in touch with your expert by utilizing our secure chatboard for all your queries and concerns. You can easily check progress and make sure your work is on the right track.
free revisions

Free Revisions

We strive to ensure complete customer satisfaction. We offer free revisions to make sure our clients are happy with the final product. Your satisfaction is our top priority.

High Student Satisfaction

70% Repeat Customers

five star rating
help with homework

Frequently Asked Questions (FAQs)

Our Answers to Your Questions

C
E

How do I submit my assignment?

Getting assignment help is very simple with us. Students can either send us the homework via email or they can upload it to our online form here. For a quicker response, You can also chat with us at WhatsApp and submit homework directly. You are sure to get a response from our side within 10 minutes. You can pay for your order using secure PayPal or major credit card gateways.

C
E

Who will do my homework?

All our tutor experts are highly qualified professionals – holding at least Master’s degree in their fields. Currently, our tutor pool is made of 400 subject-specific experts.

Each expert has been individually chosen after a series of rigorous screen tests, which involves credential checks, work history analysis, writing sample assessment, and one-on-one interviews.

C
E

How much will my homework cost?

Each assignment is quoted a unique price. It is based on (i) complexity of task, (ii) your deadline and (iii) tutor’s estimate of the time it will take them to complete your homework. There are no obligations, and you are free to discuss the price quote with the tutor.

We also accept partial payment to start working on your assignment help. You can pay the remaining amount when your task gets completed. No pressure of up-front payment. No hidden order costs. We do not have a monthly fees or minimum payments for services.

C
E

Can I pay someone to help me with my homework?

Yes, you can pay online tutors for homework help. There is nothing wrong with asking for help from trained and professional subject tutors to clarify doubts regarding any assignment or coursework.

C
E

What mode of payment is acceptable?

There are several ways to pay for homework help:

  • Credit/Debit Card: You can use your credit or debit card to make a payment online. We accept VISA/MASTERCARD/AMEX.
  • PayPal is a secure online payment service that allows you to pay for essay writing services using your account balance or linked bank account.

C
E

Can I chat with my tutor?

Using our secure chat board, you can now chat directly with your assigned tutor. The chats are encrypted both ways to secure your privacy. This makes your contact with the tutor directly & confidentially, so you can better explain any requirements or changes if needed or just need updates.

You can't contact the experts outside of chat board platform. Sharing any personal information, including but not limited to contact information, goes against our Terms and Conditions and therefore may result in permanently blocking you from the platform. We take any personal data very seriously and we do it for the safety of our users.

Know more about chat board here.

C
E

Can I get free online homework help?

Our homework services are not free because we provide customized, high-quality homework solutions. We have a prepaid system that ensures professional homework helpers are paid fairly for their work and time. We believe that the value of their expertise and the effort they put into crafting each assignment justifies the cost of our service.
C
E

Is My Homework Help Legit?

My Homework help is absolutely legit! We are the leading providers of college homework services since 2012. We connect you with experienced tutors for your assignment and make sure you get completed answers before deadline. Our guarantee is high-quality assignment solutions or your money-back. It’s that risk-free! Furthermore, everything about you is kept confidential.

C
E

Can I trust you for homework help?

My Homework Help is absolutely reliable. Students of the world's top universities use our services and 50% of our customers are repeat customers. Our ordering process is very simple & transparent. There are no hidden fees or subscription anything like that. You can also request a refund if you think that our expert wasn’t able to meet your requirements. Your prime satisfaction is our end goal!

Know more - How it works

C
E

What about privacy & confidentiality?

Using My Homework Help is absolutely safe. We care about your security, therefore we encrypt all personal data to make every user feel safe while using our services and we don’t share any personal information with any third parties without your permission. Your credit card information is not stored anywhere at My Homework Help, and use of PayPal relies on their secure payment networks. Your identity, payment and homework are in safe hands. You can always be certain of getting professional help and remaining anonymous, while using My Homework Help.