Question: Using the attached Spreadsheet: - Prepare a vertical analysis of the balance sheet and income statement for Cal's Carwash. Round percentages to 1 decimal point.
Using the attached Spreadsheet:
Prepare a vertical analysis of the balance sheet and income statement for Cal's Carwash. Round percentages to decimal point.
Prepare a horizontal analysis of the balance sheet and income statement for Cal's Carwash. Round percentages to decimal point.
Compute the following following for round all percentages to two decimal places
Current Ratio
Quick acidtest Ratio
Average days to collect accounts receivable, assuming all sales are on account
Inventory Turnover
Book value per share of Common Stock
Earnings per share on Common Stock
PriceEarnings Ratio on Common Stock current Market Price is $
DebttoAssets Ratio
Return on Investments
Return on Equity
The ratio s are to also be included on the Excel spreadsheet that you have been given. You will create a third tab for the ratios. You will also calculate the ratios in Excel. So when I look at the Excel cell reference there will be a calculation there. You will not work the ratio on paper and then just place the number in Excel.
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