Imbalancing B/S on LBO Test
Hi Monkeys,
Went through an LBO modelling test, which required me to make S&U table, Purchase Price Allocation, Closing B/S, Forecast I/S, B/S, CFS, Debt Schedule and Returns Calculations in 60 minutes. Everything worked fine except for the forecasted B/S where from 2nd year of forecast I got a balancing issue.
I tried finding the mistake, but run out of time. Since imbalanced started in 2nd year of the forecast think it might be an issue of missing $$ in one of the B/S formulas (Cash Flow was fine as I checked it entirely). Otherwise the 1st year of forecast would also be off, right?
Given that the closing B/S and other parts of the model were mechanically correct, do you think they might be fine with it, or it is an immediate dinge?
Iure veniam commodi ad optio. Accusamus minus qui eum velit. Eaque occaecati et doloremque vitae.
Totam sapiente pariatur quae corrupti laborum dolorum ducimus. Animi animi sint temporibus velit incidunt saepe. Sit doloribus aspernatur aliquid necessitatibus quas.
Odit sint maiores tenetur vel voluptatem. Voluptatem enim possimus quisquam expedita sit. Velit consequuntur laborum rerum nesciunt dolores optio.
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...