Expert answer:Need business and finance help with a Financial Pl

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Answer & Explanation:Financial Plan (First Draft)This week, you will build your draft financial plan. You only need to do it for the first year. You will have a chance to carry the plan out to the out years in next week’s assignment. For this week complete the following:A list of key assumptions that drive your financial model. It is strongly encouraged that you find comparable companies and use industry ratios to justify your assumptions. Assumptions should be on one of the pages of the spreadsheet workbook. ONLY SUBMIT ONE FILE!Year 1: Monthly and year-end income statements and cash flows; and a year-end balance sheet.Note: Use Excel or compatible spreadsheet to build your first year pro-forma. Templates are available here to make this MUCH easier. Financial Projections Model v6.8.3Financial Projections Excel Spreadsheet

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