TABLE 15.3 Green Frog Canada Inc. Pro Forma Income Statements
15.4 Green Frog Canada Inc. Balance Sheet
Cash Flow and Pro Forma Income Statements
The value of the venture is established with the calculations of cash flow. The Pro forma income statements, which represent the annual costs and revenues for the company, are presented for a five-year period, shown in Table 15.3: Table 15.4 shows its balance sheet.