In financial modeling, the balance sheet is calculated using assumptions and formulas to forecast the company’s statement of financial position. It typically includes cash accounts receivable, inventory, property plant and equipment (PP&E), other long-term assets, accounts payable, long-term debt, share capital, retained earnings, and total shareholders equity.
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CFI is the official global provider of financial modeling and valuation analyst FMVA Designation. CFI's mission is to help anyone become a world-class financial analyst and has a wide range of resources to help you along the way. In order to become a great financial analyst, below are some additional questions and answers for you to explore further: