Finance/accounting wk2 | Business & Finance homework help

As a manager, you will usually not prepare financial statements. Your expertise will, instead, be valuable in reading, analyzing, and interpreting them. However, as a learner, preparing such statements will help you to understand them in better detail.

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For this Assignment, read the chapter case study “Cash Flows and Financial Statements at Sunset Boards, Inc. at the end of Chapter 2 of your course text (this is located in the attachment). The case deals with cash flows and financial statements at Sunset Boards, Inc. 

Part 1:

Prepare the following financial statements using the Financial Answer Blank Statements Template (attached) in this week’s Learning Resources:

·       An income statement for 2015 and 2016

·       A balance sheet for 2015 and 2016

·       Operating cash flow for each year (Ross et al., 2014)

 

(Be sure to submit it as an Excel file. Do not copy it on a Word file because the teacher need to see the formulas in some of the cells.)

Part 2:

 

For Part 2 you just need to answer the two questions in the case study (see attached in case study). The combined word minimum of answering the two questions needs to be 300-350 words minimum.