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FINANCE 304 COMPUTER ASSIGNMENT INSTRUCTIONS. You will be allowed to do this project on any spreadsheet software packages. The instructor currently has access to the
FINANCE 304 COMPUTER ASSIGNMENT INSTRUCTIONS. You will be allowed to do this project on any spreadsheet software packages. The instructor currently has access to the following packages: (1) Excel (2) Quattro Pro. The use of any other software may be approved by the instructor. PROJECT Doredo Steel Company is a wholesale steel distributor which purchase steel in carload lots and sells to several thousand steel users. The nature of the steel business requires that the company maintain large inventories to take care of customer requirements in the event of mill strikes or other delays. In examining records from 1992 to 2018, the company found consistent relationships among the following accounts as a percent of sales: Current assets Net fixed assets 20% 70% if Sales
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