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I do not understand how to do this assignment. How do i prepare the common size statement and… 1 answer below » I do not understand how to do this assignment. How do i prepare the common size statement and balance sheet Download Attachment: ACCT212-CourseProject2.xlsx Additional Requirements Min Pages: 3 Level of Detail: Show all work Other Requirements: Please show all the work. On the OHare section of the statements please do in dollar value. Document Preview: 960000
1

662400
0.57299999999999995

297600
0.42700000000000005

220800
0.29399999999999998

76800
0.13300000000000006

9600
2.500 View complete question » I do not understand how to do this assignment. How do i prepare the common size statement and balance sheet Download Attachment: ACCT212-CourseProject2.xlsx Additional Requirements Min Pages: 3 Level of Detail: Show all work Other Requirements: Please show all the work. On the OHare section of the statements please do in dollar value. Document Preview: 960000
1

662400
0.57299999999999995

297600
0.42700000000000005

220800
0.29399999999999998

76800
0.13300000000000006

9600
2.5000000000000001E-2

67200
0.108

292000
0.72099999999999997

72800
0.19

14000
4.8000000000000001E-2

21200
4.1000000000000002E-2

400000
1

188000
0.47199999999999998

84000
0.21

128000
0.318

400000
1

Arial,Bold” 2FINANCIAL ACCOUNTING – Eighth Edition Arial,Bold” 2Solutions Manual Arial,Bold”Chapter 13: Financial Statement Analysis Arial,Bold”Page of
0

Income Statement Compared with Industry Average
Industry
Average
Net sales…………………………………………………………………….
Cost of goods sold……………………………………………………..
Gross profit………………………………………………………………..
Operating expenses …………………………………………………..
Operating income……………………………………………………….
Other expenses…………………………………………………………..
Net income ………………………………………………………………..
Balance Sheet Compared with Industry Average
Current assets…………………………………………………………….
Fixed assets, net ………………………………………………………..
Intangible assets, net ………………………………………………….
Other assets……………………………………………………………….
Total ………………………………………………………………………….
Current liabilities ………………………………………………………..
Long-term liabilities ……………………………………………………
Stockholders’ equity……………………………………………………
Requirements
1.
2.
3.
Common-Size Income Statement Compared to Industry Average
Industry Average
Net… Attachments: Q-Attachment…..xlsx View less » Aug 01 2015 04:18 PM



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