Question: Vertical Analysis small project please help! a. 1. Copy the balance sheet and income statement you already created onto a new tab so that your
Vertical Analysis small project please help!
a. 1. Copy the balance sheet and income statement you already created onto a new tab so that your horizontal analysis and vertical analysis for the balance sheet and income statement are shown on separate tabs. You should now have 4 tabs in your excel workbook: i. Horizontal Analysis - Balance Sheet, ii. Horizontal Analysis - Income Statement, ili. Vertical Analysis - Balance Sheet, and iv. Vertical Analysis - Income Statement 2. Complete a vertical analysis for WalMart's Balance Sheet and Income Statement. To receive full credit for this assignment, you need to include potential cell references, formulas for your calculations, and have a professional appearance. Answer the following questions regarding the vertical analysis of the Balance Sheet and Income Statement: 1. Explain why a vertical analysis is important in completing financial analysis of selected companies. 2. What did you find the most interesting from completing this section of the project? Is this what you expected from a company like Walmart? 3. What was the largest expense as a percentage of sales? 4. What is the largest asset? 5. What is the largest liability? 6. In terms of change, what line item on the balance sheet experienced the biggest change as a percentage of assets? What was the cause of this change? 7. In terms of change, what line item on the income statement experienced the biggest change as a percentage of sales? What was the cause of this change? You will turn in your Excel spreadsheet with your financial statements as well as your provided answers (either prepared in Word or Excel)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
