Understanding Financial Statements 11th Edition, Case 3.4 Hydrogenics Corporation. Required: This is a continuation of Case 2.4.

The financial statement analysis can be accessed & used at www.pearsonhighered.com/fraser.

A. Open the financial statement analysis template that you saved from the Chapter 2 Hydrogenics Case. Click on the Cover tab at the bottom the screen. Input the check figures for the Income Statement section of this page. Click on the "Income Statement" tab & input the data from the income statement included for Hydrogenics in this case. Be sure to input the basic earnings per share amounts at the bottom of the page. When you have finished inputting the data, review the income statement to make sure there are no red blocks indicating that your numbers do not match the cover sheet information check figures. Make any necessary corrections before printing out your input & the common-size income statement & growth rate analysis pages that the template automatically creates for you. Save the template on your computer or a disk in order to use it with subsequent problems in later chapters.

B. Using the Hydrogenics income statement, the common size-income statement, growth rate analysis sheet & the excerpts from the notes & management disucssion & analysis, analyze the profitabilitiy of Hydrogenics.