Description
I have chosen Nordstrom as the company I am using. Please adjust price accordingly Overview: The financial model assignment will give you an opportunity to explore the company you will be using for your final project and it will also give you practice in creating a simple spreadsheet. You will be expected to utilize spreadsheets as exhibits in your final project external capital funding proposal. Prompt: Choose one of the following companies, which you will use in your final project proposal: 1. Alteryx 2. L.S. Starrett Company 3. Nordstrom, Inc. Draft a one-page spreadsheet showing financial history and projected performance for the company you have chosen. The rows should include revenue, expenses, calculated profit, and calculated profit margin. The columns should be years: two years of history, plus three years of your reasonable future projections. Include a few sentences of key assumptions and conclusions. The spreadsheet must have accurate calculations and the cells of the spreadsheet should show your calculation formulas. Your spreadsheet should look professional on screen and when printed (including a heading and meaningful number formatting). Submit this assignment as an Excel spreadsheet file, not a PDF document. Specifically, the following critical elements must be addressed: Show two years of financial history including revenue, expenses, calculated profit, and calculated profit margins. Show three years of future financial projections for revenue, expenses, calculated profit, and calculated profit margins. Show calculation formulas in cells where appropriate rather than “inputting” numbers. Identify key assumptions and conclusions regarding financial projections. Present data in a professional manner with headings and meaningful number formatting. Note for projected growth rate: Here is some information about projections that could be helpful for this week: Understanding how fast a company is growing its sales is a critical component of any company analysis. To analyze this metric accurately, you should consider both the projected change in real dollars as well the percentage change from years prior. We can do both with one simple formula. How to use the projected growth rate formula There are three variables to consider with last year’s sales provided in a company’s financial statements. The prior year’s sales numbers will always be available in the company’s financial statements, so we can focus our energy on either the actual dollar change in revenue or on the percentage growth rate.