4. Using your revenue forecasts from part 3, prepare a pro forma income statements for the next two years (ending Feb 3, 2003 and Feb 3, 2004). To that end, forecast Gross Profit (for each of the three sources of revenue);

4. Using your revenue forecasts from part 3, prepare a pro forma income statements for the next two years (ending Feb 3, 2003 and Feb 3, 2004). To that end, forecast Gross Profit (for each of the three sources of revenue); other expenses and minority interest; interest income; and provision for income taxes. How does your forecasted Net Income compare to the the numbers forecasts by CIBC?

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