Directions

In this activity, you will select one of the organizations listed below. Then, you will navigate to EDGAR through the SEC.gov$|$Filings & Forms

site to complete a horizontal and vertical analysis of the selected organization's income statement for a four$-$year period. Finally, you will

discuss any red flags that you have found through your analyses.

Choose one of the following organizations:

Cronos Group Inc., $2018-2021$

American Renal Associates Holdings Inc., $2017-2020$

Amyris Inc., $2017-2020$

Download the income statement for the organization you select and then copy and paste the information from that document into your Excel

spreadsheet.

Specifically, you must address the following criteria in one Excel document with six worksheets:

Income Statement: Identify the organization and copy the income statement data into an Excel sheet with a tab titled Income Statement.

Horizontal Analysis: Create a horizontal analysis from the income statement data in an Excel sheet with a tab titled Horizontal Analysis.

Excel Horizontal Analysis: Create a visualization of the horizontal analysis results and present it in an Excel sheet with a tab titled Excel

Horizontal Analysis.

Vertical Analysis: Create a vertical analysis from the income statement in an Excel sheet with a tab titled Vertical Analysis.

Excel Vertical Analysis: Create a visualization of the vertical analysis results in an Excel sheet with a tab titled Excel Vertical Analysis.

Red Flags: In an Excel sheet with a tab titled Red Flags, discuss any red flags that are found. If no red flags are found, explain why.

What to Submit

Submit your analysis as a six$-$sheet Excel spreadsheet with tabs named Income Statement, Horizontal Analysis, Excel Horizontal Analysis,

Vertical Analysis, Excel Vertical Analysis, and Red Flags. Any sources used should be cited according to APA style.