You are to create Kellys Boutiques financial analyses as of December 31, 2018, and as of December

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You are to create Kelly’s Boutique’s financial analyses as of December 31, 2018, and as of December 31, 2019. Following the Chapter 3 examples, use the student file ch3-04.xls to create a vertical and horizontal analysis of the balance sheet and income statement in the columns provided. The horizontal analysis will compare December 31, 2018, with December 31, 2019. Also create a pie chart of expenses for the year ended December 31, 2019; a column chart of expenses for the years ended December 31, 2018, and December 31, 2019; and a ratio analysis as of December 31, 2019. Save the file as ch3-04_student_name.xls (replacing student_name with your name).
Print each completed worksheet in Value view, with your name and date printed in the lower left footer and the file name in the lower right footer.

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
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