Financial Reporting, Financial Statement Analysis and Valuation
Financial Reporting, Financial Statement Analysis and Valuation
8th Edition
ISBN: 9781285190907
Author: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Publisher: Cengage Learning
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Chapter 10, Problem 2BIC

Design a spreadsheet for the preparation of projected income statements, balance sheets, and statements of cash flows for MSC for Year 8–Year 12. Also forecast the financial statements for each of these years under three scenarios: (1) best case, (2) most likely, and (3) worst case. The following sections describe the assumptions you can make.

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This section outlines the projected financial statements. The financial statements should include detailed notes/explanations and assumptions to substantiate your projections. Imaginary numbers can be used in the statement Key assumptions Provide the mentioned Financial statements Income statement Balance sheet Cash flow statement Break-even analysis
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Show the stages in conducting the financial forecasting process
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