29 Jan Select any one public
ACCT212 Financial Accounting
Week 7 Discussion
DQ1 FINANCIAL STATEMENT ANALYSIS
Select any one public company that interests you, look up its stock symbol on the Internet, and enter this symbol into the Quote Lookup box under the Finance link at Yahoo. Using the data available, calculate the Current Ratio and Quick Ratio for this company. Is there a difference between these two measures for this specific organization? Why or why not? If there is a difference, explain what exactly is causing it.
DQ2 ANALYSIS EXERCISES
Let’s start with Exercise 13-19A by preparing a common-size income statement for the McMahon Music Co. Do this in Excel. Do not post your spreadsheet in the discussion, but rather, place a screenshot of it. How did you format the cells? Any suggestions on where to obtain assistance with building the spreadsheet?
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