Question
Financial Statement Analysis Assignment Following you will find the Trial Balance for Matoika Inc. for two years, 2023 and 2022. The purpose of this assignment
Financial Statement Analysis Assignment Following you will find the Trial Balance for Matoika Inc. for two years, 2023 and 2022. The purpose of this assignment is to analyze the Financial Statement information by completing both a horizontal analysis and ratio analysis. Once you have done your calculations (please show all your calculations), then you will analyze your results. You will comment on the companys trends, profit situation and liquidity situation. You can prepare your assignment in Word or in Excel. An excel answer template is available on Canvas for you to download and complete.
Question 2: Calculate the following for both years (2023 and 2022) 8 marks. Working Capital Current Ratio Gross Profit Margin (\%) Profit Margin (\%) Question 3: Compare this year's profitability to last year. Is there an improvement? Overall, what would you say about the company's profitability? (2 marks) Question 4: Compare this year's liquidity ratios to last year. Is there an improvement? Overall, what would you say about the company's liquidity? (2 marks)Step by Step Solution
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