Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Target business is technology related such as online applications which cater service such as food delivery. Financial Forecasting Assignment _ Forecast should be ba sed
Target business is technology related such as online applications which cater service such as food delivery.
Financial Forecasting Assignment _ Forecast should be ba sed on a venture denned by the following clitelia: A newly-esta blished or nascent ventur which anticipates rapid growth in levenue over at least palt of the forecast window. In addition it should be assumed that its cost stmcture will evolve over time to leflect this growth Non-pemlitted industlies ale: mining, resources, utilities. It should be assumed that the founders of the venture or founding investors provide seed capital but that additional capital consistent with the venture's will need to be raised. a) the forecast must be for a ten-year timeframe and completed in Excel b) the forcast must include a comprhensive, pmperly fommatted income statement and balance sheet with the following components delineated at a minimum: Revenue, Cost of Goods Sold, Gloss Margin, Operating Expenses, SG&A Expenses, Interst Expense, Income Tax Expense Cash, Accounts Receivable, Invent01T, Accounts Payable, Debt (where applicable), Accmed Expenses, Cunent Assets, FL-ced Assets, Current Liabilities, Total Liabilities, E quity Funding Gap (wher applicable) A cash now statement should be shown. c) the forca st must also include at least one wol.sheet which contains details of the key business and operating a s sumptions undeflving the Enancial foreca st; a. where applicable, key resoume (e.g., human, facility) lequirments should be identified in each peliod of the forecast glov,'th a ssumptions should be explained and/or rationalized
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started