This case focuses on the following student learning objectives as it relates to the course objectives (CO) described under the Getting Started - About This Course page: clearly demonstrate knowledge...

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This case focuses on the following student learning objectives as it relates to the course objectives (CO) described under the Getting Started - About This Course page:



  1. clearly demonstrate knowledge of financial statement analysis.(CO1, CO2)

  2. apply critical thinking skills to consider and evaluate written cases to effectively formulate meaningful, relevant written communications to financial statement analysis accounting issues. (CO1, CO4)

  3. exhibit problem-solving skills based on forms of financial statement analysis. (CO1, CO2)

  4. utilize and build excel skills necessary to develop, analyze, and evaluate financial statement data analysis in making managerial accounting decisions. (CO1, CO2, CO3)



General Instructions:



For this case, you will be responsible for answering problemproblem 13-18A (Allendale Co) on page 618 from the text. Complete and submit the assignment by 23:59 ESTThursday.Connect login(Links to an external site.)can be used to locate the e-book.



Detailed Instructions:



You willuse excelto setup a worksheet with the financial statements for Allendale Company found in problem 13-17A and perform vertical analysis. Be sure to include a header to indicate the assignment you are completing, as described below.


Then,in a word document, please provide a header to indicate which assignment you are completing. For example, an appropriate header for your written case would be Module #: Assignment # -- Written Accounting Case – Case Name. Include your name under the header. Provide a brief summary of what you found in the vertical analysis. For example, comment on what the %s tell you about the company. You don't have to do every item. Simply pick out some of the higher and lower %s that you feel are most important (telling) about the company. Your comments should include the balance sheet and the income statement.


You will be graded based on following instructions, critical thinking, well-developed response, clear and concise, and mechanics such as grammar, punctuation, and sentence structure. Please see the enclosed rubric for more details. Save your excel and word documents as Module #: Assignment # – Case Name Your Name. It is acceptable to abbreviate the file name.

Answered 2 days AfterJun 21, 2022

Answer To: This case focuses on the following student learning objectives as it relates to the course...

Prince answered on Jun 23 2022
87 Votes
Sheet1
    ALLENDALA Company
    Vertical Analysis of Balance Sheets
    Particular    2019        2018
        Amount    %
    Amount    %
    Assets
    Current assets
    Cash    $40,000.00    6.67%    $36,000.00    6.67%
    Marketable securities    $20,000.00    3.33%    $6,000.00    1.11%
    Accounts receivable (net)    $54,000.00    9.00%    $46,000.00    8.52%
    Inventories    $135,000.00    22.50%    $143,000.00    26.48%
    Prepaid items    $25,000.00    4.17%    $10,000.00    1.85%
    Total current assets    $274,000.00    45.67%    $241,000.00    44.63%
    Investments    $27,000.00    4.50%    $20,000.00    3.70%
    Plant (net)    $270,000.00    45.00%    $255,000.00    47.22%
    Land    $29,000.00    4.83%    $24,000.00    4.44%
    Total long-term...
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