2. Excel Ratio File spreadsheet: • Using the SEC Financial Statements Ratios and Calculations, prepare a ratio analysis of your SEC corporation’s current and prior years financial statements. In...

2. Excel Ratio File spreadsheet:

• Using the SEC Financial Statements Ratios and Calculations, prepare a ratio analysis of your SEC corporation’s current and prior years financial statements. In addition to presenting the year to year profit and loss and balance sheet variances, calculate inventory turnover, operating margin, working capital and operating margin. Explain the value of understanding why inventory balances, inventory turnover, cost of goods sold, operating margin, and working capital are important metrics for Cost Accounting. Label your work in Excel to assist those who read your work.

• Using the SEC 10-K financial statements, create a three year comparative income statement with summary line items focusing on revenue through net income with key line items included but items of lower value appropriately grouped as All other Expenses. Revenue, Cost of Goods Sold, SG&A, and Income Tax Expense should be separate line items. Include a vertical analysis column for each of the three years presented.

https://www.sec.gov/reportspubs/investor-publications/investorpubsbegfinstmtguidehtm.html

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Formulas must be embedded into the cells
If you do not know how to create formulas in Excel, click the following link and take a free 40-50 minute training course offered by Microsoft:http://office.microsoft.com/en-us/excel-help/overview-RZ101773335.aspx?section=1

or use other resources.
• Save the file with YOUR NAME in the file name.
Example: YourNameSECreport.xls