Homework
As the fiscal year ends for a company, it is important to analyze how the company is performing to determine if there are issues to work on and successes to expand on.
As the owner of QB Cloud, you're interested in finding out how well the company has done in the first three months of operations. Complete the following tasks using the Module Analysis template
A. Using Microsoft Excel formulas, calculate a horizontal and vertical analysis for the first three months of QB Cloud's operations for the profit and loss. Address the following questions:
a. Identify and explain three horizontal analysis items that are not 0%.
b. Identify and explain three vertical analysis items that are not 0%.
c. Which expenses seem to be appropriated only to certain months? Do you believe this is the correct application or should they be appropriated differently? Why or why not?
B. Using Microsoft Excel formulas, calculate a horizontal and vertical analysis for the first three months of QB Cloud's operations for the balance sheet. Address the following questions:
a. Identify and explain three horizontal analysis items that are not 0%.
b. Identify and explain three vertical analysis items that are not 0%.
c. Do you think the short timeframe being measured here impacts the reliability of your analysis? Why or why not?
Format your homework according to the give formatting requirements:
1. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
2. 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.
3. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.
Attachment:- Balance-Sheet.rar