HOMEWORK: Competency in Microsoft Excel
Your firm has just lost its accounting system. The only thing you have left is the financial reports from the December 31, 20XA and June 30, 20XB reporting period, but the data is garbled. You have been asked by your Controller to reconstruct the Balance Sheet & Income Statements in Excel for each of these reporting periods as well as performing the following ratio analyses: (i) current ratio; (ii) quick ratio; (iii) debt ratio; (iv) equity ratio; (v) debt-to-equity ratio ; and (vi) profit margin for each reporting period.
Part A:
a. Using the data provided by your professor, create an Excel worksheet that contains the firm's balance sheet and income statement. You will be required to use formulas and/functions to recreate the firm's financial statements, such as the items in YELLOW.
b. Using the data from your balance sheet and income statement, conduct the requested ratio analyses.
c. You will submit one Excel workbook for Part A.
Part B
a. Write a two to three pages memo in which you summarize the firm's financial position, based on the information provided in Part A.
b. The memo will be submitted electronically as a Microsoft Word document with SWS formatting.
Format your homework according to the give formatting requirements:
a. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
b. The response also includes a cover page containing the title of the homework, the course title, the student's name, and the date. The cover page is not included in the required page length.
c. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.
The specific course learning outcomes associated with this homework are:
o Demonstrate the use of various functions and applications in Microsoft Excel for accounting records and reports.
Attachment:- Rekeianorwood.rar