Week 1 Assignment: Chapter 2 Problem #1 Assignment Requirement: You will complete most of your weekly assignments using Excel. These assignments will reference the concepts learned from yo and other videos provided for you to view. Please be sure to review the chapter PowerPoints before beginning your assignments Topic: Using the information provided in Chapter 2 Problem #1, complete parts "a" through "e" using the provided Excel template below. Chapter 2 Problem #1 Student Name Template.xls Graded Activity: 1. Read Chapters 1 and 2 of your text. 2. Review the PowerPoint for Chapters 1 and 2 and any related videos provided for the week. 3. Complete Week 1 Assignment: Chapter 2 Problem #1. 1 2 3 Big Rock Candy Mountain Mining Co. Income Statements For the Years 2019 and 2020 4 2020 5 Sales 6 Cost of Goods 7 Gross Profit 8 Depreciation 9 Selling & Admin. Expense 10 Other Operating Expense 11 Net Operating Income 12 Interest Expense 13 Earnings Before Taxes 14 Taxes + 15 Net Income 16 17 Notes: 18 Tax Rate 19 Shares 20 Earnings per Share 21 2019 D E F Big Rock Candy Mountain Mining Co. Income Statements For the Years 2019 and 2020 Sales Cost of Goods Gross Profit Depreciation Selling & Admin. Expense O Other Operating Expense 1 Net Operating Income 2 Interest Expense 3 Earnings Before Taxes 4 Taxes 5 Net Income 6 7 Notes: 8 Tax Rate 9 20 Shares Earnings per Share 01 + 2020 2019