• Create a new sheet named vertical analysis in the Excel workbook and insert the necessary equations or functions in related cells to calculate vertical analysis for the income statement and balance sheet • Create a new sheet named horizontal analysis in the Excel workbook and insert the necessary equations or functions in related cells to calculate horizontal analysis for the income statement and balance sheet. BALANCE SHEET 12/31/2020 12/31/2019 12/31/2018 12/31/2017 Current Assets 340,079,000 320,122,000 339,609,000 213,006,000 Inventory 51,999,000 42,607,000 43,580,000 34,013,000 investments 95,638,000 85,161,000 39,987,000 52,329,000 Fixed Assets 1,209,460,000 982,014,000 873,827,000 751,134,000
• Create a new sheet named vertical analysis in the Excel workbook and insert the necessary equations or functions in related cells to calculate vertical analysis for the income statement and balance sheet • Create a new sheet named horizontal analysis in the Excel workbook and insert the necessary equations or functions in related cells to calculate horizontal analysis for the income statement and balance sheet. BALANCE SHEET 12/31/2020 12/31/2019 12/31/2018 12/31/2017 Current Assets 340,079,000 320,122,000 339,609,000 213,006,000 Inventory 51,999,000 42,607,000 43,580,000 34,013,000 investments 95,638,000 85,161,000 39,987,000 52,329,000 Fixed Assets 1,209,460,000 982,014,000 873,827,000 751,134,000
Excel Applications for Accounting Principles
4th Edition
ISBN:9781111581565
Author:Gaylord N. Smith
Publisher:Gaylord N. Smith
Chapter27: Time Value Of Money (compound)
Section: Chapter Questions
Problem 2R
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