Need business and finance help with an excel spread sheet with pro forma results
This portion of the exercise is intended to enhance your Excel skills. Generate pro-forma income statements and balance sheets for the first three years of the proposed business. Submit by email by midnight on the due date a well-organized Excel spreadsheet containing the pro-forma results. Also, turn-in an appropriate and well-formatted printout of the pro-forma statements attached to the loan request letter. Incorporate the following Excel components from the Excel manual into the spreadsheet (see the grading rubric attached to the syllabus): 1) Create an Excel Data Table that lists the projected second-year income and interest expense for your firm under five sales growth scenarios, e.g. 0%, 5%, 10%, 15%, or 20% sales growth. [Variable Data Tables, MacDonald] 2) Create a Drop-Down User Input Cell with five choices for the firm’s growth prospects: Poor, OK, Expected, Good, & High [Data Validation with Lists, MacDonald]. 3) Place Formulas in two nearby output-cells that display the corresponding net income and interest expense amounts listed in the data table from part (a). Use the Excel Lookup Function [MacDonald] with Nested Excel “If” Statements [ MacDonald] to extract the data from the data table. Use Nested Excel “If” Statements to translate the user selection from the drop-down input in part (b) to one of the percentage sales growths used to form the data table in part (a), e.g. if the user selects “Expected”, the if statement returns 10% (0.10). Use the Lookup Function to find and display the net income and interest expense corresponding to the given sales growth in the data table. 4) Generate a Well-Formatted Chart [MacDonald] to display the data listed in the data table from part (a). 5) Use labels and formatting as appropriate to guide the user in using the functionality added in parts (a) – (c).
