- Financial Accounting & Bookkeeping
- Revenue Recognition
- Sales Revenue
Equations for equity and net sales.
The attached spreadsheet is for estimating R&E Supplies' external financing required for 2006. With modifications to the equations for equity and net sales, the forecast can be extended through 2007.
Write the modified Excel equations for equity and net sales.
I had to remake pretty much the entire forecast Income statement for 2007 since computing equity part would require some ...
The solution writes a modified Excel equation for equity and net sales.