It accompanies CD-ROM. This is a proven guide to building financial models from scratch. The second edition of "Building Financial Models with Microsoft Excel + CD-ROM" provides beginning and intermediate level computer users with step-by-step instructions on building financial models using Microsoft Excel 2007 - the most popular spreadsheet program available. The accompanying CD-ROM contains Excel worksheets that track the course of the book and allow you to build your own financial models. This comprehensive resource also covers important topics such as the concepts of valuation, sensitivity analysis, and contribution margin. This book offers accessible guidance on building financial models using Excel 2007. It illustrates how to integrate financial statements such as the balance sheet, income statement, and statement of cash flows. It covers the basics of building and using a Capitalization Table. It discusses how to best present a financial model. Incorporating financial models into business decisions has become an essential element of good business practice, and this book will show you how to excel at this endeavor.