Question: 4. Prepare a horizontal analysis using trend percentages for the past five years for the following accounts: Sales, Cost of Goods Sold, Net income, Total

4. Prepare a horizontal analysis using trend percentages for the past

five years for the following accounts: Sales, Cost of Goods Sold, Net

income, Total Assets, and Total Liabilities. See pages 738-739 of your textbook

4. Prepare a horizontal analysis using trend percentages for the past five years for the following accounts: Sales, Cost of Goods Sold, Net income, Total Assets, and Total Liabilities. See pages 738-739 of your textbook for an example. Comment on the trend percentage for each account.

5. Prepare common-size income statements and balance sheets for your company for the current and preceding year. You will need two years of financial statements in order to do this. See Exhibit 16-4 and 16-5 for examples.

6. Choose five accounts to comment on from requirement 5. These might be the five largest percentage amounts or some other measure that you choose. Again, this is your choice.

Fiscal year is October-September. All values USD Millions. Sales/Revenue Fiscal year is October-September. All values USD Millions. Sales/Revenue

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