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Help Sheet SITUATION What if I need to contact my professor?VISUALPOTENTIAL SOLUTION I can email him/her at ___@algonquincollege.com and expect a response within 2448 hours. What if I dont understand
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Open a blank spreadsheet in your preferred software.
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Create a header row with relevant categories for your data, such as 'Scenario', 'Variable', 'Value', 'Outcome'.
03
In the 'Scenario' column, list out different scenarios you wish to analyze.
04
In the 'Variable' column, specify which variable(s) you will adjust for each scenario.
05
Enter the initial 'Value' for each variable that you want to change.
06
For each scenario, calculate or predict the 'Outcome' based on the adjusted values of your variables.
07
Review the data for completeness and accuracy.
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Use the 'What-If' analysis tools available in your software to visualize and compare outcomes.

Who needs what if sheet?

01
Business analysts who want to predict outcomes based on varying conditions.
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Project managers assessing risks and potential changes to project timelines.
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Financial planners anticipating impacts of different financial scenarios.
04
Students and educators looking to understand conditional outcomes in studies.
05
Anyone involved in strategic decision-making that relies on variable adjustments.
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A 'what if sheet' is a financial tool used to project various scenarios and their potential impacts on financial statements or budgets.
Individuals or organizations that need to analyze financial impacts based on different variables or scenarios are typically required to file a 'what if sheet.'
To fill out a 'what if sheet,' one identifies key assumptions, inputs potential variable values, runs scenarios, and analyzes the outcomes.
The purpose of a 'what if sheet' is to aid decision-making by illustrating how changes in assumptions can affect financial results.
Information reported on a 'what if sheet' typically includes assumptions, variable inputs, expected outcomes, and summary of scenarios analyzed.
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