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The forecasting project is an individual assignment in which you will prepare a set of five-year financial statement forecasts (Income Statement and Balance Sheet) for

The forecasting project is an individual assignment in which you will prepare a set of five-year financial statement forecasts (Income Statement and Balance Sheet) for Walmart using the assumptions provided in Integrative Case 10.1 for Walmart, Part A only (pg. 708). Parts b, c, and d are not required. I provide a template for the forecast in an Excel file in Canvas. I also provide the calculations to forecast Walmart's Capital Expenditures, Property, Plant and Equipment, and Depreciation ("Year 1" and "Year 2") in the same Excel file. You are still required to calculate the numbers for "Year 3" to "Year 5." In addition, you need to analyze the profitability and risk of Walmart in "Year 5" based on the financial statements (from the view of a financial analyst). You need to prepare this analysis in the form of a one-page executive summary. Your analysis should be supported by adequate profit and risk ratios. Please show the detailed calculations of the ratios in an appendix. Since this is an individual assignment, you may only consult with me, and you should not discuss the project with anyone else. The maximum score for this project is 9 points (5 points for the

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