Make Assumptions for the following Value Drivers on the "Assumptions" page - have a reason for each based on your calculations and things you know about your company: Sales Growth % COGS as a % of Sales Revenue SG&A as a % of Sales Revenue Interest Rate (as a % of Long Term Debt) Tax Rate (as a % of Pretax Income) PP&E (Gross) Growth . Pay Down of Long Term Debt (in $5) Make Assumptions for each of the following (these are not value drivers, but you need them to make your financial statements complete): Depreciation Expense as a % of Gross PPRE AR Turnover Inventory Turnover AP Turnover Forecast next year by making formulas that link your Assumptions page to your Forecasted Income Statement and Balance Sheet