Hello, i am responding to my classmate's post which I will share with you - Hi Julia, I appreciate your detailed explanation of your forecasting process. Your seven-step framework seems to be a comprehensive approach that ensures all financial aspects are considered. I agree with your point about the importance of avoiding bias in financial forecasting. It's interesting how you've observed venture-backed companies often overestimate their long-term profits. Your use of sensitivity analysis to adjust for such biases is a smart move. Your advice for new forecasters is spot on. Basing predictions on solid data and current market conditions is indeed crucial. I also agree that understanding potential biases and being thorough in analysis is key to creating accurate and useful forecasts. I'm curious, how do you handle situations where the available data is limited or not reliable? How do you adjust your forecasting approach for industries that are highly volatile or unpredictable? Can i use my textbook as the reference - Wahlen, J. M., Baginski, S. P., & Bradshaw, M. T. (2023). Financial reporting, financial statement analysis, and valuation: A strategic perspective (10th ed.). Cengage Learning. Or can you give me a refernce