Financial modeling is one of the most coveted skills in today’s corporate world as no business can grow or get investment without a financial model. This a model, or a tool that helps businesses grow. A model is built using Excel to forecast a company’s financial performance in the near future. The financial forecasts are made using data and a few specific formulas. Other things taken into account are a business’s historical performance and the market scenario. The model typically requires preparing, balance sheets, income statements, cash flow statements, and supporting data.
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