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Chapter 14 Financial Analysis Project Instructions: Print an Income Statement (sometimes called Statement of Operations), and Balance Sheet (sometimes called Statement of Financial Position) from

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Chapter 14 Financial Analysis Project Instructions: Print an Income Statement (sometimes called Statement of Operations), and Balance Sheet (sometimes called Statement of Financial Position) from any publicly traded company. Your printed financial statements must be for an entire year. Select the most recent year you can find. 1. Horizontal Analysis Compare the two most recent years on the Balance Sheet. Instructions are found in chapter 14 of the textbook. If there is enough room, you can do your work on the pages you printed from the internet. 2. Vertical Analysis Find the Income Statement. Using net sales as 100%, (if net sales is not shown, use total sales) calculate the percentage of the other amounts down to net income. Any amounts shown below net income can be used with no calculations. 3. Ratio Analysis Using the financial statements and the instructions in Chapter 14, see how much information you can find for the 13 ratios. You can ask me questions about which accounts to use. Remember that not all companies will have every possible account. Show at least 8 of the 13 ratios described in the chapter. If one has two parts, it counts as two. 4. Your summary of what you learned Write about what you think the analysis tells you about the company. You are a beginner and your job is to learn and have fun, not worry about being perfect. Your paragraph or paragraphs should be about a maximum of one page

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