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Module 2 - Activity ....

This document provides instructions for a graded activity that is due on October 13. Students must complete problems from chapter 4 in their textbook, and prepare a common size income statement and horizontal analysis of a balance sheet using financial statements from Midwest Tours. The activity contains two parts - answering textbook problems, and preparing financial analyses using the provided data.

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139 views2 pages

Module 2 - Activity ....

This document provides instructions for a graded activity that is due on October 13. Students must complete problems from chapter 4 in their textbook, and prepare a common size income statement and horizontal analysis of a balance sheet using financial statements from Midwest Tours. The activity contains two parts - answering textbook problems, and preparing financial analyses using the provided data.

Uploaded by

Animelicious
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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MODULE 2 - ACTIVITY 1

Instructions:

1. Answer the tasks below.


2. This is a graded output.
3. Submission due Date: October 13
4. Submit using an electronic format (MS Word, Excel or PDF) or write on a
yellow paper and take a photo.

Part 1. Answer the following problems found in chapter 4 of your textbook:

1. Problem 4 – 1, page 142


2. Problem 4 – 4, page 143
3. Problem 4 – 9, page 143
4. Problem 4 – 15, page 144
5. Problem 4 – 16, page 144
6. Problem 4 – 20, page 145
7. Problem 4 – 21, page 145
8. Problem 4 – 22, page 145

Part 2. Using the given financial statement for Midwest Tours, prepare the
following:

1. Common Size Income Statement for 2009 (Vertical Analysis); and


2. Horizontal / Trend Analysis for 2009 Balance Sheet, using 2008 as base
figures.

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