Below are balance sheet and income numbers for three companies. Answer the questions below.
Rules of Play
● The balance sheet items may not balance perfectly (they may be out ~$1) due to rounding error.
● USE EXCEL to calculate the solutions and do the math – calculators may throw off your rounding.
● You will be asked to submit the sheet you used to solve the homework. If you don’t submit an excel sheet that has the problem
set in it, it will not be graded.
● If you use Google Sheets – download the file as an Excel attachment and submit that. Do not submit a Google Sheet – they can
be changed after submission which creates grading transparency problems.
● Submit percentages as the percentage followed by two decimals. A number that appears as .04567 in Excel should be
submitted as 4.57%.
● Responses will be marked correct if they are within 5% of the answer I calculated in Excel
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