

Financial Forecasting ExerciseThis exercise illustrates Financial Forecasting using the "Percentage of Sales" approach. Click the "New Problem" button to generate a new problem. Then express the balance sheet and income statement accounts as a percentage of sales. Next, construct "Partial ProForma" financial statements and determine the External Financing Needed to meet the forecasted growth rate in sales. Complete the exercise by using the specified "Plug" to construct the "ProForma" financial statements. After attempting each of the calculations you can click the buttons to view the solutions. The worksheet also functions as a calculator. You can enter your own data into the fields and then click the buttons to view the solutions.
© 2002  2010 by Mark A. Lane, Ph.D.
