The purposes of this assignment are to introduce you to the concepts of financial statements analysis, to help you develop knowledge and skills associated with financial statement analysis, to provide a comprehensive example that can be used for application of previously learned concepts and skills, and to foster your collaboration and communication skills.
Skills: The assignment will help you develop and practice the following skills.
• Understand the components of the Income Statement and Balance Sheet.
• Analytical procedures for horizontal and vertical analysis.
• Calculate financial statement ratios for liquidity, solvency, profitability, and stock.
• Compare and analyze the results for financial statement analysis computations.
• Evaluate the results of financial statement analysis and produce a conclusion.
• Judge the results of financial statement analysis and select the best solution.