BUS 401 Week 1 Assignment 2 | ashford university
- ashford university / BUS 401
- 27 Jul 2021
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BUS 401 Week 1 Assignment 2 | ashford university
Common Size Financial Statements: Appendix B
[WLO: 4] [CLO: 2]
In your first assignment this week you retrieved the financial
information for your chosen company. Analysts must evaluate a company’s
financial statements to understand its performance over time. Common size
statements “allow analysts to compare the relative composition of the company’s
accounts over time” (Hickman et al., 2013, Section 11.3, para. 5). For this
assignment, you will take the formatted financial statements you retrieved
using Mergent and construct common size income statements and common size
balance sheets for your chosen company. The video below explains how to
construct a common size income statement and balance sheet using Excel.
Title this assignment “Appendix B.” Be sure to save both formats
(Excel and PDF) of these files for later use.
Prepare:
Prior to beginning work on this assignment,
·
Review Chapter 2 and
Chapter 11: Section 11.3 in Essentials of finance.
·
Complete the Week 1 - Assignment 1, Historical Financial Statements: Appendix A
o You will be using the Excel file from Mergent
for this assignment
·
Watch the following
video that will go over how to create and format Appendix B:
Construct Appendix B:
Using the formatted
income statement and balance sheet in Excel from Week 1 - Assignment 1, and
following the instructions in the BUS401| Creating Common Size Financial Statements in
Excel (Links to an external site.) video,
·
Calculate and format
the common size income statement for the three years.
·
Calculate and format
the common size balance sheet for three years.
·
Save this Excel file
as a PDF and title it “Appendix B”.
Submission Format:
·
Submit the PDF version
of Appendix B to Waypoint.
The Common Size Financial Statements: Appendix B PDF file must contain the
formatted common size income statement and balance sheet.
Carefully review
the Grading
Rubric (Links to an external site.) for the criteria that will be used to evaluate your
assignment.
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