Location: Niwot, CO
Tire Penz, located in Niwot, Colorado, sells tire and body paint pens that are designed to stick to your car without ruining the paint or rubber. The company has a storefront where it sells products, and it also sells on Amazon.
The model includes an income statement and balance sheet, along with analysis of the cost of capital and a forecasted internal rate of return. Although the numbers in this analysis are nothing more than estimates, the model is fully functional. The user can enter their correct information in the income statement and balance sheet sections to see the entire forecast for the company.
The model assumes that WACC and IRR are equal to each other at 6.89% when in reality they may not be.