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Using the Excel template posted on Moodle, calculate the following assumptions regarding your business:
· Complete a forecast (Income Statement and Balance Sheet) for your revenue, expense and profit(loss) for 1 year, 3 years and 5 years. There are many excel templates you can find on the internet if you choose not to use the template I have already posted on Moodle.
· Show and explain factors you included in your calculations
· Establish the average price of your products and services
· List variable and fixed costs
· List fixed assets and their market value