DQ-1) If you were to get a physical from your Doctor and they only took your blood pressure prior to stating that you are in good health, would you be concerned? If you have noticed in your readings starting in Chapter 3 that there has been explanation of the methods by which you could determine the financial health of a company. Name one and explain how it is computed? Which financial statement(s) does the input come from? Most importantly, what does it tell you about the financial performance or health?
DQ-2)
Go to Course Home and review the Course Project tab. In this graded discussion, we will be examining the process of evaluating the financial performance and health of a company with the use of problems and exercises from your textbook. The goal is to cover all of the requirements to ensure an opportunity for your successful completion of Course Project 2.
Let’s start with Exercise 13-19A by preparing a common-size income statement for the Sensible Music Co. Do this in excel. Do not post your spreadsheet in the discussion but rather place a screen shot of it. How did you format the cells? Any suggestions where to obtain assistance building the spreadsheet?