MT217M1: Explain how financial managers use financial calculators, Microsoft Excel, and financial statements to measure the financial performance of a business entity.In Part 1 of this Assessment, you will define and classify accounts into an Income Statement or Balance Sheet. In Parts 2 and 3 you will assume the role of a financial manager who has been tasked to report to senior management in an upcoming finance meeting. Senior management is particularly interested in learning the performance of the company in two particular areas. The first focus of your discussion with management, Part 2 of this Assessment, relates to the markup on Cost of Goods Sold (COGS). The second focus of your discussion with management, Part 3 of this Assessment, relates to capital structure.