Question: Create a pivot table to summarize the long-term portion of the (a) capital lease liability, (b) the finance lease liability, and (c) the operating lease
- Create a pivot table to summarize the long-term portion of the (a) capital lease liability, (b) the finance lease liability, and (c) the operating lease liability over the 10-year period 2012-2021 on a separate worksheet. Label the worksheet LeaseLiability.
- On the Lease Liability worksheet create a bar chart of the trends for long-term portion of each lease liability classification over the 10-year period classification. Is Fishbone pattern of leasing facilities as evidenced by its capital lease liability (a) increasing, (b) decreasing, or (c) remaining relatively the same of the period 2012-2021. Place your answer in the cell below the bar chart.
- Create a pivot table to summarize the total assets, total liabilities, and total stockholders equity over the 10-year period 2012-2021 (Hint: Need to calculate total liabilities and total stockholders equity for each year) on a separate worksheet. Add calculated field to calculate the debt to equity ratio for the company (carried two decimal places) over the 10-year period 2012-2021. Label the worksheet DebtToEquity.
- On the DebtToEquity worksheet display the trend of the debt to equity ratio over the 10-year period 2012-2021 using a bar chart with line graph. Is Fishbones debt to equity ratio over the 10-year period (a) generally increasing, (b) roughly the same, or (c) generally decreasing from year to year? Place your answer in the cell below the bar chart.
- Is Fishbone Corp. technically in violation of its debt covenant during the period
2019-2021? Place your answer in cell below your response to #4.
- The worksheets should be formatted with appropriate numeric values using accounting format with zero decimals unless indicated otherwise.
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