Describe why the model is needed and define its purpose in


Problem -

Your influence as the financial analyst is critical here. How do we get to where we need to be? That is the question you will answer when you describe the type of model and the necessary procedures and variables used on your path to making an informed decision.

Here you will start building your model for your final project based on your choice in Milestone One and begin the analysis process based on the elements outlined in the Milestone Two Rubric below. You should be looking at the procedures you would implement within your model.

Prompt: In Milestone Two, you will articulate why the model is necessary and its purpose, name the applicable model type, and justify how your calculations will add value and benefit the organization overall. All of these factors are interconnected. To complete the Milestone Two assignment, prepare a 350-to 500-word spec sheet detailing these elements.

Specifically, the following critical elements must be addressed:

Appropriate Procedures

A. Describe why the model is needed and define its purpose in terms of providing optimal results. Be sure to defend your rationale.

B. Based on the purpose you defined and the necessary variables you identified, select the most appropriate type of model to fulfill the identified purpose.

C. Provide an explanation bridging the gap between the equations necessary and the conceptual idea. That is, describe how and why the calculations will provide value and benefit the company. Be sure to explain the concepts behind the numbers.

Guidelines for Submission: You will prepare a 350-to 500-word spec sheet detailing these elements.

Attachment:- Assignment Files.rar

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Finance Basics: Describe why the model is needed and define its purpose in
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