Assignment: Performance And Benchmarking
Competency
Appraise the financial health and performance of a company.
Scenario
The Corporate Director of Acquisitions has approached you to assist with preparing financial data to help identify a potential new acquisition for your company. They have narrowed down the target to two companies and need your help in selecting the best one. You agree to help and think that the best approach would be to take the two companies and prepare a vertical and horizontal analysis of both the income statement and balance sheets for two years of data.
Instructions
You discuss your plan with the director, and you both decide that you should create an Excel file containing four tabs, labeling the four tabs as follows:
• Tab1: "Income statement vertical analysis"
• Tab 2: "Income statement horizontal"
• Tab 3: "Balance sheet vertical analysis"
• Tab 4: "Balance sheet horizontal analysis"
In addition, you both decide it best to also create a Word document with your assessment of each company's performance and support which company is the better acquisition target.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.