Please follow along with the tutorials. You will get to the section where I added depreciation and interest expense. It's best practice to leave out depreciation and interest expense when you are building an income statement and then add that when you have made the calculations in the depreciation schedule and debt schedule.
It's not efficient to use a random number as a growth rate for revenue. By the way you must first understand a company's business model, and its marketing efforts to increase revenue. Revenue is mainly driven by volume and selling price. So knowing the units sold by a company over a certain period of time can offer you more insights as well.
@@learnfinanceinstituteisn't it's more credibel if we conduct it in statistic way? For example, if we want to came up with the 2023 forcasting of income statement, we just used the past data to generated the possibility of future value. Using linear regression analysis dor example?
