Balance 3

Using the financial statements that you have prepared for Smith  Manufacturing; prepare the following analyses  in Excel:

• Horizontal       analysis
• Vertical       analysis
• Ratio analysis       - calculate a minimum of five ratios 

In addition to the numerical calculations, prepare a Word  document  that contains a brief written analysis of your findings. For example,   is this company struggling, doing well, etc. 

Your submission to your instructor  will include one Excel spreadsheet and one Word document.