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TWO: Vertical Analysis Exercise A vertical analysis of a firm provides a tool for comparative purposes and trend analysis. The vertical analysis can be performed
TWO: Vertical Analysis Exercise A vertical analysis of a firm provides a tool for comparative purposes and trend analysis. The vertical analysis can be performed on the income statement or the balance sheet. The income statement requires one period of activity and measures every value as a percentage of sales. The balance sheet requires one period of activity and measures every value as a percentage of total assets. The calculations can be made easily in Microsoft Excel. Read Chapter 4 of the textbook by Brigham & Houston. Your instructor will assign an industry to be studied for this workshop. Select a publicly traded company from within the industry and secure the financial statements located in the 10-k. . Perform a vertical analysis of a firm using Microsoft Excel. Show your work when completing equations and calculations. Only providing the answer is considered incomplete. APA format is NOT required.
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