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Please assist with the attached assignment on Calculations on income statements Please provide assistance on the following assignment with these instructions; No coping information from

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Please assist with the attached assignment on Calculations on income statements

image text in transcribed Please provide assistance on the following assignment with these instructions; No coping information from other prior written papers No Plagiarism Formatted in APA Calculations Deliverable: Excel spreadsheet containing horizontal and vertical analysis along with ratios Directions: Use the publicly traded company (The Walt Disney Company) and perform an expanded analysis on the financial statements. Use the most current 10K statements available on SEC or annual statements in Yahoo Finance. Complete the following for your chosen firm in an Excel spreadsheet: Horizontal and vertical analysis of the income statements for the past three years (all yearly balances set as a percentage of total revenues for that year). Horizontal and vertical analysis of the balance sheets for the past three years (all yearly balances set as a percentage of total assets for that year). Ratio analysis (eight ratios of your choosing) for the past three years PLUS a measurement for the creditworthiness of your firm as measured by Altman's Z-score. Note that if you used your chosen firm for our ratio-related discussion posts, then you MUST also present industry-average ratios or current year competitor ratios for your ratio analysis. Comparing your firm's ratios to a close competitor or an industryaverage ratio makes your analysis much more meaningful. Much of this course has concentrated on learning the financial statements, primarily because there was not an accounting prerequisite. Because of this concentration, you may find this assignment challenging. However, if you understand the financial statements, then the horizontal and vertical analysis should be rather intuitive. For example, if you see sales rise by 20%, then shouldn't you also see net income rise by 20% or more if the managers are effective at controlling costs? If you see sales rise by 20% and assets rise by 40%, you have to ask why this is happening. It would appear that assets have risen too far given the sales that are generated from those assetswhy did this occur? You may have to research that type of question and discuss it in your analysis

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