Prepare your math for Arrow and Root in columns D and E. To avoid transposition errors, you
Question:
Prepare your math for Arrow and Root in columns D and E. To avoid transposition errors, you should link your formulas to the numbers on the financial statement when you type them in. Please complete all calculations to 2 decimal places.
Please write the units for each ratio calculation in column F. When you click into the cells in column F, you can choose the units from drop-down menus. If a ratio uses % as a unit, please do your math with whole numbers (ie. 5.25 instead of 0.0525).
In column G, write a comment about which company's ratio result is better based on your calculations. (The ratios may be the same or similar depending on the financial statements you are using.) Please keep in mind that when you compare the working capital ratios of different companies, they need to be about the same size. For this assignment, let's say that Arrow and Root are the same.
*****Im Only doing Arrow
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill