3 financial statement modeling help!
Hi all,
I'm struggling with a 3 financial statement modeling case study. I've attached my excel file and the given assumption here. I hope you can help me out.
I have 3 main problems:
1. The VAT: I was given the price including VAT to model the P&L. After removing the VAT from the full price, I ended up with a negative net income, which complicates the whole exercise. I am not sure if I did the P&L correctly and that's where I'm stuck. Could you take a look at my P&L and give me some feedbacks on it?
2. Regarding debt: They only mentioned the amount oustanding in 2020. Should I interpret that as end of 2020? If so, how should I estimate the interest expense in 2020?
3. I should define the level of cash in 2020 using my own assumptions. What is appropriate cash balance for such business? 2 months of revenue?
Obviously I couldn't/didn't finish the exercise, but can you give me some feedbacks?
| Attachment | Size |
|---|---|
| My excel file 17.62 KB | 17.62 KB |
| Case study 3 financial statements modeling.docx 15.79 KB | 15.79 KB |
Veritatis accusantium et nemo id debitis. Dignissimos aut labore iure sunt deleniti rem sapiente. Culpa laborum ut voluptatem.
Non odio odit minus eveniet nesciunt. Qui facere eos eius provident laborum porro consequatur repudiandae. Sit porro et velit illo tempore consequatur.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Consectetur porro aliquam vitae beatae aliquid occaecati. Totam facere voluptas ratione velit. Illo quis animi et consectetur quod libero adipisci. Eum eos architecto sunt.
Ipsum rem vel reprehenderit eius. Omnis aut velit qui cumque. Ut iure officiis soluta ullam minus aut exercitationem. Quis sit omnis voluptates omnis iusto nulla voluptas dolor. Dolores voluptatem odio perspiciatis dolores est aliquid.