STUDENT NAME

Cynthia le$$n

P$4$ MERCHANDISING COMPANY FINANCIAL STATEMENTS

$($FMERCH$)$

LEARNING OBJECTIVES

Prepare financial statements for a corporate merchandising firm.

Compare and analyze the change in balances over two months.

Analyze five$-$month trends in sales, gross profit, and net income.

Alter the worksheet by rearranging the order of the Answer Section.

Create a chart showing the amount of all selling expenses.

PROBLEM DATA

The following information is for Bonnie's Buds, a nursery and floral shop, for the month ended

May $31,2012$:

EQUIREMENT

Review the worksheet called FMERCH that follows these requirements. You have been

asked to prepare Bonnie's Buds' financial statements using this file. Note that the data from

the problem have already been entered into the top section of the worksheet. Cells that

contain zeros on the worksheet already have formulas entered in them. As you enter

formulas onto the worksheet, these zeros will be replaced bv values