Announcements Project: Financial Statement Analysis Posted on: Monday, April 25, 2022 11:53:18 AM CDT Today we reviewed Ethan Allen's financial statements. We identified the numbers you need to complete the horizontal, vertical and ratio analysis for 2020. I highly recommend you get started on the project, so you can use this week to ask me any questions you have before the project is due on Sunday, May 1, 2022. When you are working on the project, you can complete the calculations on the Excel template provided on Blackboard or handwrite the calculations using the word document with the directions. Once you have completed the calculations, you need to explain your findings. Remember-ratio analysis is done on a comparison basis You should compare Ethan Allen's 2020 results to the prior year, to the 2020 La-Z-Boy results (this data is in the chapter 20 PowerPoint) and to the industry average. You need to provide explanations for the calculations. Use the Ethan Allen Annual report (provided on Blackboard) to explain why. You can also use financial articles about Ethan Allen to help you with your interpretation of the data. It takes a minimum of three sentences to explain your results. The project is due on Sunday, May 1, 2022. This is the last day I will accept the assignment. Please plan your time accordingly Ethan Allen 2020 Annual Report with CEO Letter.pdf 20 Project Template-Students SP2022.xlsx Pusled by Dar Posted to Finan Accounting co SP2022 ACCTG