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In your first assignment this week you retrieved the financial information for your chosen company. Analysts must evaluate a company’s financial statements to understand its performance over time. Common size statements “allow analysts to compare the relative composition of the company’s accounts over time” (Hickman et al., 2013, Section 11.3, para. 5). For this assignment, you will take the formatted financial statements you retrieved using Mergent and construct common size income statements and common size balance sheets for your chosen company. The video below explains how to construct a common size income statement and balance sheet using Excel.
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Week 1 – Assignment 2 BUS401