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Common-size Analysis
• Prepare a Common-size Analysis for the Balance Sheet and Income Statement
• This should include about 12 accounts in the Balance Sheet and about 10 Income Statement accounts.
o Choose major accounts that would be important.
o I recommend you look at the accounts in Hoovers Business Records for your company to find major accounts.
• Format your graphs so they can be read. You may need more than one graph if it is too crowded.
Cash Forecasting and Budget: It is used to get an idea of what a cash forecasted budget any might expect to earn in a fiscal year. You take last year's expenses, increased by
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Q. The main rationale for the objective of wealth maximization is that it shows the most efficient use of the society's economic resources and therefore leads to a maximization of
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