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Accounting for Business Managers Forecasting & Income Statement Worksheet
I have worked on this assignment and submitted it twice I have gotten an F grade both times and only have one more attempt or I will have to re-take the entire course . I have submitted the assignment and what I have so far but stuck on some of the spreadsheet and Below is my response from the teacher who graded it before. Please Help Me
Hi Brittany –
Thank you for resubmitting Deliverable 5. Please refer to the grading rubric when you review my comments below.
Provided a detailed high-level 3-year forecast; used income statement format. Score 2. You provided a detailed high-level 3-year forecast using the income statement format but the calculations are incorrect. To improve your score, you need to show your calculations in the cells. For example on revenue for 1,085,576, how did you get this figure? all the forecasted numbers are just keyed in.
Included a detailed summary of 5 years of data and assumptions from income statements. Score 1. You did not included the summary of the 5 years of data and utilized the assumptions from income statements. Missing your assumptions which are located on the first tab of the worksheet for this deliverable.
Provided comprehensive economic data for key economic indicators included in forecast. Score 4. You did provided the comprehensive economic data for the key economic indicators included in the forecast.
Excel tab includes a detailed graph to display total revenues and expenses for the time periods covered in the forecast. Score 3. Your Excel tab for the graphs for revenue and expense for the time period covered in the forecast but double check your graphs onces the forecst figures are corrected.
I would encourage you to watch the Live Lecture recording for this deliverable.
Keep up the effort!
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