Question: Please describe two possible circulated calculation in pro forma modeling in the pictures below. How to please describe two possible circulated calculation in pro forma

Please describe two possible circulated calculation in pro forma modeling in the pictures below. How to

please describe two possible circulated calculation in pro forma modeling in the pictures below. How to tackle in Excel? FA at cost = NFA accumulated S, , Baed OTHER CIRCULARITIES? Balance sheet Income statement after tax

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