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Posted: December 17th, 2021
1. Create an Excel file that includes the last 5 years of income statements and balance sheets. You have a number of potential data sources some of which I describe below: Mergent Online (best source) You can get data from Reuters or Yahoo! finance Company’s Website – Financial information is usually provided under “Investor Relations” .
2. Estimate the ratios needed for a “Percent of Sales Forecast” method Prepare a five-year Pro Forma Income statements and Balance sheets . Please make sure that you create a separate worksheet where you input your assumptions for the forecast such as sales growth rate, etc.). Accounting homework help
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