Part 1: The Performance Lawn Equipment database contains data needed to develop

Part 1: The Performance Lawn Equipment database contains data needed to develop a pro forma income statement. Dealers selling PLE products all receive 18 percent of sales revenue for their part of doing business, and this is accounted for as the selling expense. The tax rate is 50 percent. Develop an Excel worksheet to extract and summarize the data needed to develop the income statement for 2014, and implement an Excel model in the form of a pro forma income statement for the company.
Part 2: The CFO of Performance Lawn Equipment, J. Kenneth Valentine, would like to have a model to predict the net income for the next three years. To do this, you need to determine how the variables in the pro forma income statement will likely change in the future. Using the calculations and worksheet that you developed along with other historical data in the database, estimate the annual rate of change in sales revenue, the cost of goods sold, the operating expense, and the interest expense. Use these rates to modify the pro forma income statement to predict the net income over the next three years.
Because the estimates you derived from the historical data may not hold in the future, conduct appropriate “what-if” scenarios and/or parametric sensitivity analyses to investigate how the projections might change if these assumptions don’t hold. In your model, construct a tornado chart to show how the assumptions impact the net income . Summarize your results and conclusions in a report to Mr. Valentine. Upload your Word document AND your Excel worksheet file

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more