# Excel project: competitor analysis assignment | ACCT370 | Liberty University

EXCEL PROJECT: PROJECTING FINANCIAL STATEMENTS ASSIGNMENT INSTRUCTIONS

OVERVIEW

Common Sized Balance Sheets (Tabs 12), Common Sized Income Statements (Tab 13), Horizontal Analysis Balance Sheets (Tab 14), Horizontal Analysis Income Statements (Tab 15), and Projected Financial Statements (Tabs 16-18)

INSTRUCTIONS

Continue in the same Excel workbook prepared in Module 4: Week 4, adding the following tabs:

o The 12th tab in your Financial Statement Analysis Template must be labeled Common Sized Balance Sheets.

 Set-up like the Historical Balance Sheets (Tab 3), this worksheet should use formulas to calculate the common sized percentages, linking to the Historical Balance Sheets for the calculations.  “Total Assets” should be used as the base for all common sized calculations on the Balance Sheets.  Common sized percentages should be calculated for all three historical years presented.

 See Exhibit A for a partial example of this tab.

o The 13th tab in your Financial Statement Analysis Template must be labeled Common Sized Income Statements.

 Set-up like the Historical Income Statements (Tab 2), this worksheet should use formulas to calculate the common sized percentages, linking to the Historical Income Statements for the calculations.  “Revenue” or “Total Revenue” (depending on your company) should be used as the base for all common sized calculations on the Income Statements. Common sized percentages should be calculated for all three historical years presented.

o The 14th tab in your Financial Statement Analysis Template must be labeled Horizontal Analysis of Balance Sheets.

 Start by copying and pasting the Historical Balance Sheets from Tab 3 to this worksheet.  Then, add dollar and percentage change columns between each of the set of historical years.

 See Exhibit B for an example of this tab.

o The 15th tab in your Financial Statement Analysis Template must be labeled Horizontal Analysis of Income Statements.

 Start by copying and pasting the Historical Income Statements from Tab 2 to this worksheet.  Then, add dollar and percentage change columns between each of the set of historical years.

o The 16th tab in your Financial Statement Analysis Template must be labeled Projected Income Statements.  Three years of projected statements should be included, starting with the most recent year after the company’s last issued report.

o The 17th tab in your Financial Statement Analysis Template must be labeled Projected Balance Sheets.  Three years of projected statements should be included.  Three years of projected statements should be included, starting with the most recent year after the company’s last issued report.

o The 18th tab in your Financial Statement Analysis Template must be labeled Projected Statement of Cash Flows.  Three years of projected statements should be included, starting with the most recent year after the company’s last issued report.

 Other information relating to projected tabs:

 Projections should be based on research performed on your company and its industry.  Use historical, trend, ratio data and current and future economic projections as well as information from the company’s MD&A to aid in preparing projections.

 Clearly state your assumptions in a text box at the bottom of each tab.  Cite sources for assumptions based on research.

 The statements should be consistent, reasonable, and accurate.  Areas that will be checked for accuracy include:

• The Balance Sheets should balance for all years presented.

• Retained earnings should be properly calculated using the prior year’s balance, net income, and dividends.

• The Ending Cash Balance on the Statement of Cash Flows should agree to the Cash Balance shown on the Balance Sheet for the same year.

• Net Income on the Income Statements should match what is reported on the top of the Statement of Cash Flows (if indirect method is used).

o Other instructions:

 The Excel workbook should be professionally formatted.  Professional formatting includes:

• All numbers are formatted similarly.  The use of decimals, commas for thousands, and other formatting is consistent.

• Dollar signs are included in the first and last numbers of each column.

• Subtotals and totals are preceded by a single underline.  Totals are followed by a double underline.

• Line descriptions are indented/bolded in a manner that makes the spreadsheet easy to read.

 All common sized, horizontal analysis, and projection items should be calculated using formulas.  Totals and subtotals should also be calculated using formulas.  For an example of which cells may need formulas, please see Exhibits A & B.

Note: Your assignment will be checked for originality via the Turnitin plagiarism tool.

EXHIBIT A: EXAMPLE COMMON SIZED BALANCE SHEETS (TAB 12, PARTIAL VIEW)

(IMPORTANT NOTE: ONLY PARTIAL BALANCE SHEET SHOWN.  YOUR BALANCE SHEET SHOULD INCLUDE LIABILITIES AND STOCKHOLDERS’ EQUITY AS WELL.)

EXHIBIT B: EXAMPLE HORIZONTAL ANALYSIS OF BALANCE SHEETS (TAB 14, PARTIAL VIEW)

(IMPORTANT NOTE: ONLY PARTIAL BALANCE SHEET SHOWN.  YOUR BALANCE SHEET SHOULD INCLUDE LIABILITIES AND STOCKHOLDERS’ EQUITY AS WELL.)

Get 20% Discount on This Paper
Pages (550 words)
Approximate price: -

Try it now!

## Get 20% Discount on This Paper

We'll send you the first draft for approval by at
Total price:
\$0.00

How it works?

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Our Services

Custom Writings Help is a Quality-Oriented Company in Online Writing as a result of hiring exceptional professionals to execute clients' tasks.

## Research Papers

At Custom Writings Help,We understand the struggle of research paper writing, and that is why at Custom WritingS Help, we are all out to help you. We pride ourselves on having a team of clinical writers. The stringent and rigorous vetting process ensures that only the 'BEST' Writers are chosen for the job. We have highly qualified Ph.D. and MA writers working with us; we equally offer these experienced writers specific bonuses and incentives to make them deliver highly original, unique, and informative content at reasonably low prices.

Thesis Writing Service

Worlwide, Many Masters Students are struggling with Thesis Completion. A thesis is likely to be the longest and most challenging piece of work a student has ever completed. However, unlike essays and other assignments, a student can pick a particular interest topic and work on their initiative. Fortunately, we are there for you. At Custom Writings Help, you are assured of an authentic, imaginative, informative, linguistically great, and advantageous thesis that adheres to all your needs. So, why continue considering different writers when you have discovered the best in the field?

Custom Papers

Not a single student can avoid writing custom papers. However, a total lack of experience, skills, and time makes it very hard to produce a superb writing piece. Therefore, if you are seeking professional help, turn to us. Our specialized and experienced writers compose a variety of model papers, including custom essays, college term papers, research papers, book reports, MBA essays, executive summaries, dissertations, Ph.D. theses, admission essays, and research proposals for college and university students at any level.

Essay Writing

Most of the students disregard the critical principles of essay writing and compose papers below sensible guidelines. Therefore, with Custom Writings Help, one should not worry about his/her essay. Our Writers compose informative and engaging content on all complexities and topics. We write meaningful and smart essays while prioritizing all aspects that bring about a good grade, such as impeccable grammar, proper structure, zero-plagiarism, and conformance to guidelines.

Coourse Work Writing

Don't let the seemingly never-ending onslaught of writing assignments get you down. If you are looking where to get course work assistance online, the writers at Custom Writings Help are here to assist you with all of your writing needs. We undertake to unique delivery of papers that meet the professor's requirements. The content is proofread, edited, and checked plagiarism before submission to customers. No matter how big or small your work is, we will deliver on time. Try US Now! !

Dissertation Writing Service

High-Quality Dissertation Writing Services are rare. They require Ph.D. academicians – not easily found. However, are an exception. The years, time, and resources we have invested in the dissertation world has given us a competitive advantage over others. Choose to come to Custom Writings Help; You will find perfect Ph.D. consultants who have written hundreds of dissertations theses ready to help you. Let our dissertation-writing services help you craft your dissertation, for you are assured we will give you the results.