Help with 3-Statement Model Test

A friend sent me an old modelling test he had to complete for a BB a few years ago so that I could practice but I am having trouble with it (Balance Sheet wont Balance, not sure if margin assumptions are right). Would anyone be willing to take a look and see where I am messing up or what I should change? It's not super robust, very simple for someone who knows what they are doing I am sure. I don't know how to attach files here so I can send it or someone can tell me the best method. Would really appreciate any help.

 

In your cash flow statement you should reflect the change in working capital items, not the actual values, like "Adjustment for AR" should be (Prior Year AR-Current Year AR) and "Adjustment for AP" should be (Current Year AP-Prior Year AP)-for assets do Prior-Current and for liabilities do Current-Prior. Then link depreciation on the bs to the cash flow statememt and link net PPE to CAPEX. Also, add net income to prior year's shareholder equity. It should balance then, I made a version that balances if you need.

 

Hey, I am working on a model for US Foods and can't seem to get it to balance. I have a few ideas and I'm sure it's very simple, but I still can't figure it out. Anyone mind taking a look as well?

Sorry for hijacking.

 

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