ACCOUNTING 102/Analysis Financial Statements

Chapter 17- Analysis Financial Statements â—¦ Basic Analytical Procedures â—¦ Horizontal Analysis â—¦ Vertical Analysis â—¦ Ratio Analysis Chapter 17- Analysis Financial Statements ? Basic Analytical Procedures ? Horizontal Analysis ? Vertical Analysis ? Ratio Analysis • I. Read Chapter 17 ? II. Go to the publisher website, www.mhhe.com/wildFAP21e using the 21st edition. (1) Click on Online Learning Center and click on student edition (2) Identify the chapter you are working on from the drop down list (3) Click on power-point presentation. (4) Go through the power-point presentation to reinforce what you have read. (there are also narrated slides you can view as well). ? III. In the same way, complete the Demonstration Problem in the Text book found at the end of the chapter as well as the Learn Smart assignments found in Connect before doing the graded connect assignments. All of these are practice tools before doing the graded assignments. Keep in mind, chapter quizzes, discussion questions (found below), connect assignments and module exams make up your grade. ? IV. Using the following website www.mhhe.com/wildFAP21e using the 21st edition., follow these steps to submit your Chapter 17 quiz: (1) Click on Interactive Quiz (2) Complete the Multiple Choice Quiz Questions then Click on Submit Answers (3) Enter my email address [email protected] complete the other required fields and click on send email. ? V. Complete the Discussion Assignment below. Assignment Submission: Chapter 17 Discussion Assignment Instructions: Submit answers to the questions below to [email protected]. 1. What is the difference between comparitive financial statements and common-size comparitive statements? 2. What is the advantage of using comparative statements for financial analysis rather than statements for a single date or period? 3. How would the Current and Quick Ratios of a service business compare? 4. How do you calculate the Price / Earnings Ratio? 5. What three factors would influence your evaluation as to whether a company's current ratio is good or bad?