ASSIGNMENT 1: Competency in Microsoft Excel Due Week 5 and worth 200 points Your firm has just lost its accounting system. The only thing you have left is the financial reports from the December 31, 20XA and June 30, 20XB reporting period, but the data

ASSIGNMENT 1: Competency in Microsoft Excel

Due Week 5 and worth 200 points

Your firm has just lost its accounting system. The only thing you have left is the financial reports from the December 31, 20XA and June 30, 20XB reporting period, but the data is garbled. You have been asked by your Controller to reconstruct the Balance Sheet & Income Statements in Excel for each of these reporting periods as well as performing the following ratio analyses: (a) current ratio ; (b) quick ratio; (c) debt ratio; (d) equity ratio; (f) debt-to-equity ratio ; and (g) profit margin for each reporting period.

To complete Assignment 1, please download ACC306 – Assignment 1 Excel File.

Part I:

• Using the data provided by your professor, create an Excel worksheet that contains the firm’s balance sheet and income statement. You will be required to use formulas and/functions to recreate the firm’s financial statements, such as the items in YELLOW.
• Using the data from your balance sheet and income statement, conduct the requested ratio analyses.
• You will submit one Excel workbook for Part I