ACCT 370 Excel project Part 4

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Continue in the same Excel workbook prepared in Week 5, adding the following tabs:

The thirteenth tab in your Financial Statement Analysis Template must be labeled Projected Income Statements. Three years of projected statements should be included, starting with the most recent year after the company’s last issued report.
The fourteenth tab in your Financial Statement Analysis Template must be labeled Projected Balance Sheets. Three years of projected statements should be included. Three years of projected statements should be included, starting with the most recent year after the company’s last issued report.
The fifteenth tab in your Financial Statement Analysis Template must be labeled Projected Statement of Cash Flows. Three years of projected statements should be included, starting with the most recent year after the company’s last issued report.
Other instructions:
- Projections should be based on research performed on your company and its industry. Use historical, trend, ratio data and current and future economic projections as well as information from the company’s MD&A to aid in preparing projections.
- Clearly state your assumptions in a text box at the bottom of each tab. Cite sources for assumptions based on research.
- The statements should be consistent, reasonable, and accurate. Areas that will be checked for accuracy include:
  - The Balance Sheets should balance for all years presented.
  - The Ending Cash Balance on the Statement of Cash Flows should agree to the Cash Balance shown on the Balance Sheet for the same year.
  - Net Income on the Income Statements should match what is reported on the top of the Statement of Cash Flows (if indirect method is used).
- The Excel workbook should be professionally formatted. Professional formatting includes:
  - All numbers are formatted similarly. The use of decimals, commas for thousands, and other formatting is consistent.
  - Dollar signs are included in the first and last numbers of each column.
  - Subtotals and totals are preceded by a single underline. Totals are followed by a double underline.
  - Line descriptions are indented/bolded in a manner that makes the spreadsheet easy to read.
- All totals and subtotals should be calculated using formulas.