Question: In this assignment, you will take your work with financial statements to the next level. You will analyze financial statements similar to those you created
In this assignment, you will take your work with financial statements to the next level. You will analyze financial statements similar to those you created during the Week assignment, the Income Statement and the Statement of Retained Earnings. Based on your analysis, you will evaluate the financial health of the company and recommend steps to improve it You will submit a PowerPoint presentation; you may elect to record yourself delivering the presentation and submit the recording, too, if you choose.
Instructions
Download the document Week AssignmentFinancial Statements PDF Download Week AssignmentFinancial Statements PDFAttached are the photos Examine them and then create a PowerPoint presentation of slides, plus a title and a reference slide, about the following:
Vertical Analysis. Perform at least vertical analysis tests on the financial statements with no errors.
On the slide, name the vertical analysis tests you perform, and show the calculations and results. You must complete a minimum of tests but doing more may help you better understand the condition of the company.
Profitability Ratio Analysis. Perform at least ratio analysis tests on the company's profitability with no errors.
On the slide, name the profitability ratios you perform, and show the calculations and results. You must complete a minimum of tests but doing more helps you better understand the condition of the company.
Organization Health. Assess the financial health of the organization based on the appropriate interpretation of at least of the vertical and ratio analysis tests you performed. Add speaker notes to this slide to provide an explanation of your assessment of the organization's financial health.
Referring to at least of the indicators you included on the Vertical Analysis and Profitability Ratio Analysis slides, assess the overall financial health of the organization. This slide shows what is going well for the company.
Organizational Risk. Identify at least risks facing the organization based on the appropriate interpretation of the vertical and ratio analysis tests you performed. Add speaker notes to this slide to explain the organizational risks you identified.
Recommendations. Recommend at least appropriate steps the company should take to improve its financial health. In the speaker notes, explain how the recommendations will help improve the company's health. P Bride Company
Income Statement
For the Year Ended December
In thousands of US dollars Income Statement for a Merchandising
Company
begintabularcccc
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Uptown Cabinet Corp.
Income Statement
For the Year Ended December
endtabular
hline Net sales & & & $
hline Cost of goods sold & & &
hline Gross profit on sales & & &
hline Selling expenses & & &
hline Salaries and wages expense sales & $ & &
hline Advertising expense & & &
hline Total selling expenses & & $ &
hline Administrative expenses & & &
hline Salaries and wages expense general & & &
hline Depreciation expenseequipment & & &
hline Property tax expense & & &
hline Rent expense & & &
hline Bad debt expense & & &
hline Telephone and Internet expense & & &
hline Insurance expense & & &
hline Total administrative expenses & & &
hline Total selling and administrative expenses & & &
hline Income from operations & & &
hline Other revenues and gains & & &
hline Interest revenue & & &
hline & & &
hline Other expenses and losses & & &
hline Interest expense & & &
hline Income before income taxes & & &
hline Income tax & & &
hline Net income & & & $
hline
endtabular Retained Earnings Statement for a Merchandising Company
Uptown Cabinet Corp.
Retained Earnings Statement
For the Year Ended December
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