Mastery Problem: Financial Statement Analysis

Mastery Problem: Financial Statement Analysis Liquidity and Solvency Measures Your friend, another accountant, has bet you that with your knowledge of accounting and just the computations for common analytical measures, you can foure out. many aspects of a company's financial statements, You take the bet! Match each computation to one of the liquidity and solvency measures in the table. (Hint: Begin by looking for simple computations and identifying the amounts in those computations, Look for other measures that use those amounts.) Profitability Measures Match each computation to one of the profitability measures in the table. Comparative Income Statement Use the following comparative income statement form to enter amounts you identify from the computations on the Liquidity and 50ivency Measures part and on the Profitability Measures part. Compute any missing amounts and complete the horizontal analysis columns, Enter percentages as decimal amounts, rounded to one decimal place. When rounding, look only at the figure to the right of one decimal place. If