EXCEL PROJECT: PROJECTING FINANCIAL STATEMENTS ASSIGNMENT

INSTRUCTIONS OVERVIEW Common Sized Balance Sheets (Tabs 12), Common Sized Income Statements (Tab 13), Horizontal Analysis Balance Sheets (Tab 14), Horizontal Analysis Income Statements (Tab 15), and Projected Financial Statements (Tabs 16-18)

INSTRUCTIONS Continue in the same Excel workbook prepared in Module 4: Week 4, adding the following tabs: o

The 12th tab in your Financial Statement Analysis Template must be labeled Common Sized Balance Sheets. Set-up like the Historical Balance Sheets (Tab 3), this worksheet should use formulas to calculate the common sized percentages, linking to the Historical Balance Sheets for the calculations. Total Assets should be used as the base for all common sized calculations on the Balance Sheets. Common sized percentages should be calculated for all three historical years presented. See Exhibit A for a partial example of this tab. o

The 13th tab in your Financial Statement Analysis Template must be labeled Common Sized Income Statements. Set-up like the Historical Income Statements (Tab 2), this worksheet should use formulas to calculate the common sized percentages, linking to the Historical Income Statements for the calculations. Revenue or Total Revenue (depending on your company) should be used as the base for all common sized calculations on the Income Statements. Common sized percentages should be calculated for all three historical years presented. o

The 14th tab in your Financial Statement Analysis Template must be labeled Horizontal Analysis of Balance Sheets. Start by copying and pasting the Historical Balance Sheets from Tab 3 to this worksheet. Then, add dollar and percentage change columns between each of the set of historical years. See Exhibit B for an example of this tab. o

The 15th tab in your Financial Statement Analysis Template must be labeled Horizontal Analysis of Income Statements. Start by copying and pasting the Historical Income Statements from Tab 2 to this worksheet. Then, add dollar and percentage change columns between each of the set of historical years. o

The 16th tab in your Financial Statement Analysis Template must be labeled Projected Income Statements. Three years of projected statements should be included, starting with the most recent year after the companys last issued report. o

The 17th tab in your Financial Statement Analysis Template must be labeled Projected Balance Sheets. Three years of projected statements should be ACCT 370 Page 2 of 4 included. Three years of projected statements should be included, starting with the most recent year after the companys last issued report. o

The 18th tab in your Financial Statement Analysis Template must be labeled Projected Statement of Cash Flows. Three years of projected statements should be included, starting with the most recent year after the companys last issued report