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Financial Statement Analysis Project (This project is valued at 5% of the final grade.) Financial Statement Analysis provides information that...

Looking for some Accounting Help for an analysis for a financial statement. Looking for full solutions to each problem. Please help if available :  ) TY

Financial Statement Analysis Project (This project is valued at 5% of the final grade.) Financial Statement Analysis provides information that indicates how a company is performing. By comparing financial statements of different years, a manager can make informed decisions about investments, expenditures, and activities that impact revenues. Directions : Read the chapter in the text titled “Financial Statement Analysis.” Using the comparative financial statements for Baby Cakes International Inc. (see “BabyCakes_Financial_Project_Data.xls” linked in the lesson activities) , complete the following tasks. Note : The market price of BabyCakes Int’l, Inc. common stock was $20 on December 31, 2008. Part A: Complete the calculations for the 19 items listed below. Determine the following measures for the year 2008: 1. Working Capital 2. Current ratio 3. Quick ratio 4. Accounts receivable turnover 5. Number of days’ sales in receivables 6. Inventory turnover 7. Number of days’ sales in inventory 8. Ratio of fixed assets to long-term liabilities 9. Ratio of liabilities to stockholders’ equity 10.Number of times interest charges earned 11. Number of times preferred dividends earned 12.Ratio of net sales to assets 13.Rate earned on total assets 14.Rate earned on stockholders’ equity 15.Rate earned on common stockholder’s equity 16.Earnings per share on common stock 17.Price-earnings ratio 18.Dividends per share of common stock 19.Dividend yield Part B: Explain what the result of each measure indicates about the company. Part C: Complete a horizontal analysis for the Income Statement, and explain your findings.
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Financial Statement Analysis Project Part D: Complete a vertical analysis for the Income Statement, and explain your findings.
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Baby Cakes International Inc Statement of Retained Earnings for the Years ended December 31, 2008 and 2007 December 31, 2008 December 31, 2007 Retained Earnings, January 1 $375,000 $327,000 Net income for year 68,000 67,000 Total $443,000 $394,000 Dividends Paid Preferred Stock $15,000 $12,000 Common Stock 7,000 7,000 Total Dividends Paid $22,000 $19,000 Retained Earnings December 31 $421,000 $375,000
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Baby Cakes International Inc Income Statement for the Years ended December 31, 2008 and 2007 2008 2007 Sales $1,055,000 $966,000 Sales returns 1,000 3,000 Sales Allowances 1,500 1,000 Sales Discounts 2,500 2,000 Net Sales $1,050,000 $960,000 Cost of Goods Sold 400,000 390,000 Gross Profit $650,000 $570,000 Selling Expenses $270,000 $275,000 Administrative Expenses 195,000 165,000 Total operating expenses $465,000 $440,000 Income from Operations $185,000 $130,000 Other income 20,000 15,000 $205,000 $145,000 Other expense 96,000 48,000 Income before Tax $109,000 $97,000 Income Tax Expense 41,000 30,000 NET INCOME $68,000 $67,000
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8870602.xlsx

Baby Cakes International Inc
Statement of Retained Earnings
for the Years ended December 31, 2008 and 2007
December 31, 2008
Retained Earnings, January 1
Net income for year
Total
Dividends Paid...

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