Question
Please help with formulas and solving for Lowes Company!! INSTRUCTIONS o The 12th tab in your Financial Statement Analysis Template must be labeled Common Sized
Please help with formulas and solving for Lowes Company!!
INSTRUCTIONS 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.
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.
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 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.
Other information relating to projected tabs: Projections should be based on research performed on your company and its industry. Use historical, trend, ratio data and current and future economic projections as well as information from the companys MD&A to aid in preparing projections. Clearly state your assumptions in a text box at the bottom of each tab. Cite sources for assumptions based on research. The statements should be consistent, reasonable, and accurate. Areas that will be checked for accuracy include: The Balance Sheets should balance for all years presented. Retained earnings should be properly calculated using the prior years balance, net income, and dividends. The Ending Cash Balance on the Statement of Cash Flows should agree to the Cash Balance shown on the Balance Sheet for the same year. Net Income on the Income Statements should match what is reported on the top of the Statement of Cash Flows (if indirect method is used).
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