Create the income statement balance sheet

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Assignment -

Using the Attached Apollo Shoes Analytical file need to create the following:

1) 2017 Income Statement balance sheet based on the pre-closing trial balance.

2) From page 10, part 1- a & b for 2017:

Need to perform preliminary analytical procedures on the financial statements.

a. Calculate common-size financial statements and dollar amount and percent changes. Suggest you simply make a copy of your spreadsheet from your pro-forma financial statements that asked you to prepare yesterday and remove the adjustment columns. Have there been any significant changes that we need to examine closer?

b. Calculate financial ratios. Assume the market value of the common stock is $24 million in both the current and prior years. Does anything jump out at you?

Attachment:- Assignment File.rar

Reference no: EM132167233

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