RATIO ANALYSIS

CHISHOLM COMPANY 2015 & 2016

*************************************************************************
DATA SECTION

CHISHOLM COMPANY FINANCIAL REPORTS FOR YEARS 2015 & 2016

INCOME STATEMENT
2015 2016
Sales revenue $ 1,783 $ 2,675
Cost of Goods Sold 1,248 1,980

Gross Profit 535 695

Selling and Admin. Expenses 89 134

Interest 36 85
Depreciation 50 187
Other expenses (Income) 18 27

Income before Taxes 342 262

Taxes 137 105

Net Income $ 205 $ 157

Dividends paid 103 79

Increase Retained Earnings $ 102 $ 78

Chisholm Company:
+ The spreadsheet is divided into a data section and a report section
BALANCE SHEET 2015
+ The data2016
section shows the income statements and balance sheets of th
hypothetical Chisholm Company for the years 2015 and 2016.
Cash and Equivalents $ 143 $ 60
Accounts receivable 187 281 down to see more)
(scroll
Inventories 303 455
Other current Assets 80 8

Total current Assets 713 804

Property, Plant and Equipment 1,212 1,818

less Accumulated Depreciation 499 686

Total fixed Assets 713 1,132

Other Assets 152 226

Total Assets $ 1,578 $ 2,162

Accounts Payable $ 160 $ 275

Notes Payable 169 267
Other current Liabilities 27 29

Total Current Liabilities 356 571

Long- term Debt 357 785

Other long term Obligations 164 84

Total long term Liabilities 521 869

Common Stock 357 298
Retained Earnings 285 363
Other Equity 59 61

Total Equity 701 722

Total Liabilities and Equity $ 1,578 $ 2,162

Days in analysis period: 360

*************************************************************************
REPORT SECTION
+ The second section- the report section, requires you to enter the formul
RATIO ANALYSIS
the 08 ratios (yellow cells)

Profitability Ratios 2015 2016

Profit Margin 11.50% 5.87%

ROA 12.99% 7.26%
ROE 29.24% 21.75%

Liquidity Ratios Profitability

2015 Ratios:
2016
Profit Margin = Net Income/ Sales
ROA= Net Income/ Total Assets
Current Ratio 2.00
ROE= Net 1.41
Income/ Total Equity
Quick ratio 1.15 0.61
Liquidity Ratios:
Leverage Ratios 2015 2016 Total Current Assets/ Total Current Liabilities
Current Ratio=
Quick Ratio (or Acid Test Ratio)= (Total Current Assets-Inventories)/ Total
Debt to Assets 0.56 0.67
Current Liabilities
Debt to Equity 1.25 1.99
Times Interest Earned Leverage Ratios:
10.50 4.08
Debt to Assets= Total liabilities/Total Assets
Debt to Equity= Total liabilities/ Total Equity
Times Interest Earned= (Income before Taxes + Interest expense)/ Interes
Expense
n and a report section

nts and balance sheets of the

2015 and 2016.
ires you to enter the formulas for

rent Liabilities
nt Assets-Inventories)/ Total

+ Interest expense)/ Interest

 Profitability Ratios Leverage Ra
35.00% 12.00

30.00% 10.00

25.00%
Profit Margin 8.00
20.00% ROA
ROE 6.00
15.00%
4.00
10.00%

5.00% 2.00

0.00% 0.00
2015 2016 2015 2016

Liquidity Ratios
2.50
Other
long
2.00 term
Obligatio
ns
1.50 Current Ratio 31%
Quick ratio

1.00

0.50 Long
term
Debt
0.00 69%
2015 2016

Other
current
Liabilities
[PERCENT Current liability structure Other Equity
AGE] 8%

Accounts Payable
45%

Retained
Earnings
Notes Payable 41%
47%
 Leverage Ratios

Debt to Assets
Debt to Equity
Times Interest Earned

2015 2016

Long term liability structure

Other
long
term
Obligatio
ns
31%

Long-
term
Debt
69%

Equity structure

Other Equity
8%

Common Stock
Retained 51%
Earnings
41%
 INTERBANK RATE
Introdution:
Work on sheet Interbank Rate.
USD/VND exchange rate is controlled by State Bank of Vietnam. Everyday, SBV announces a rate called "Interbank rate". The regulation is that banks are not
allowed to trade USD outside the 0.25% range bound of that interbank rate.
Data of the interbank rates are available for the first 6 months of 2016.
You are required to calculate the ceiling e/rate and floor e/rate for each day between USD and VND.
Instruction: Enter formula in purple cells G14, H14 and copy down. In the formula, do you use reference to other cells? Are they absolute reference, relative
reference or mix reference? absolute reference
Assume you were an auditor auditing Citibank and you found that on 26 Apr 2016, Citibank sold $1million against VND at e/rate of 22,901. Would you take any
action? Yes, they violated the regulation, bcz the rate was out of the bound of interbank rate, monetary fines should be applied in this case.
Change format of column F to look like column C.
Complete Analysis 1 using functions Average (), Max(), Min(). (Hint: fill the Average column only, then copy and use the Find and Replace feature (hotkey:
Ctrl+H))
You are required to create range names of interbank rates for each month. Use Formulas/Define Name. For example, define Jan10 the name for range (D16:D36),
…
Then complete Analysis 2- same information as analysis 1, but this time, use range names in your formulas. Check if Analysis 1 and 2 provide the same results
Complete Analysis 3 (Hints: use functions count(), countif(), small(), large()).

DATA SECTION REPORT SECTION

Bound percentage: 0.25% Analysis 1:

Average Max
Date Interbank rate Date Ceiling rate Floor rate January 22,637.952 22,693.000
Fri 1/1/2016 22,608 1/1/2016 22,664.52 22,551.48 February 22,698.952 22,744.000
Mon 1/4/2016 22,610 1/4/2016 22,666.53 22,553.48 March 22,709.609 22,736.000
Tue 1/5/2016 22,614 1/5/2016 22,670.54 22,557.47 April 22,688.286 22,699.000
Wed 1/6/2016 22,622 1/6/2016 22,678.56 22,565.45 May 22,710.773 22,733.000
Thu 1/7/2016 22,620 1/7/2016 22,676.55 22,563.45 June 22,739.318 23,201.000
Fri 1/8/2016 22,625 1/8/2016 22,681.56 22,568.44
Mon 1/11/2016 22,628 1/11/2016 22,684.57 22,571.43
Tue 1/12/2016 22,621 1/12/2016 22,677.55 22,564.45 Analysis 2: (with range names in the fomulas)
Wed 1/13/2016 22,624 1/13/2016 22,680.56 22,567.44 Average Max
Thu 1/14/2016 22,628 1/14/2016 22,684.57 22,571.43 January 22,637.952 22,693.000
Fri 1/15/2016 22,633 1/15/2016 22,689.58 22,576.42 February 22,698.952 22,744.000
Mon 1/18/2016 22,631 1/18/2016 22,687.58 22,574.42 March 22,709.609 22,736.000
Tue 1/19/2016 22,631 1/19/2016 22,687.58 22,574.42 April 22,688.286 22,699.000
Wed 1/20/2016 22,634 1/20/2016 22,690.59 22,577.42 May 22,710.773 22,733.000
Thu 1/21/2016 22,650 1/21/2016 22,706.63 22,593.38 June 22,739.318 23,201.000
Fri 1/22/2016 22,655 1/22/2016 22,711.64 22,598.36
Mon 1/25/2016 22,661 1/25/2016 22,717.65 22,604.35
Tue 1/26/2016 22,658 1/26/2016 22,714.65 22,601.36 Check if Analysis 1 and 2 provide the same result
Wed 1/27/2016 22,668 1/27/2016 22,724.67 22,611.33 A "FALSE" value indicates inconsistencies
Thu 1/28/2016 22,683 1/28/2016 22,739.71 22,626.29 between respective locations
Fri 1/29/2016 22,693 1/29/2016 22,749.73 22,636.27
Mon 2/1/2016 22,688 2/1/2016 22,744.72 22,631.28 1 1
Tue 2/2/2016 22,676 2/2/2016 22,732.69 22,619.31 1 1
Wed 2/3/2016 22,692 2/3/2016 22,748.73 22,635.27 1 1
Thu 2/4/2016 22,672 2/4/2016 22,728.68 22,615.32 1 1
Fri 2/5/2016 22,660 2/5/2016 22,716.65 22,603.35 1 1
Mon 2/8/2016 22,656 2/8/2016 22,712.64 22,599.36 1 1
Tue 2/9/2016 22,680 2/9/2016 22,736.70 22,623.30
Wed 2/10/2016 22,690 2/10/2016 22,746.73 22,633.28
Thu 2/11/2016 22,695 2/11/2016 22,751.74 22,638.26 Analysis 3: Statistic
Fri 2/12/2016 22,689 2/12/2016 22,745.72 22,632.28 Number of days 130
Mon 2/15/2016 22,696 2/15/2016 22,752.74 22,639.26
Tue 2/16/2016 22,700 2/16/2016 22,756.75 22,643.25 Rate Condition Number of days
Wed 2/17/2016 22,706 2/17/2016 22,762.77 22,649.24 >23013 1
Thu 2/18/2016 22,720 2/18/2016 22,776.80 22,663.20 >22690 76
Fri 2/19/2016 22,712 2/19/2016 22,768.78 22,655.22 >22610 128
Mon 2/22/2016 22,704 2/22/2016 22,760.76 22,647.24
Tue 2/23/2016 22,720 2/23/2016 22,776.80 22,663.20 Rate Value
Wed 2/24/2016 22,725 2/24/2016 22,781.81 22,668.19 Highest 23,201
Thu 2/25/2016 22,719 2/25/2016 22,775.80 22,662.20 Second-highest 23,013
Fri 2/26/2016 22,734 2/26/2016 22,790.84 22,677.17 Lowest 22,608
Mon 2/29/2016 22,744 2/29/2016 22,800.86 22,687.14 Second-lowest 22,610
Tue 3/1/2016 22,736 3/1/2016 22,792.84 22,679.16
Wed 3/2/2016 22,731 3/2/2016 22,787.83 22,674.17
Thu 3/3/2016 22,727 3/3/2016 22,783.82 22,670.18 Count number of Fridays with interbank rate greater than 22,680
Fri 3/4/2016 22,722 3/4/2016 22,778.81 22,665.20 18
Mon 3/7/2016 22,722 3/7/2016 22,778.81 22,665.20 6
Tue 3/8/2016 22,732 3/8/2016 22,788.83 22,675.17
Wed 3/9/2016 22,728 3/9/2016 22,784.82 22,671.18
Thu 3/10/2016 22,708 3/10/2016 22,764.77 22,651.23
Fri 3/11/2016 22,696 3/11/2016 22,752.74 22,639.26
Mon 3/14/2016 22,693 3/14/2016 22,749.73 22,636.27
Tue 3/15/2016 22,701 3/15/2016 22,757.75 22,644.25
Wed 3/16/2016 22,705 3/16/2016 22,761.76 22,648.24
Thu 3/17/2016 22,707 3/17/2016 22,763.77 22,650.23
Fri 3/18/2016 22,712 3/18/2016 22,768.78 22,655.22
Mon 3/21/2016 22,710 3/21/2016 22,766.78 22,653.23
Tue 3/22/2016 22,714 3/22/2016 22,770.79 22,657.22
Wed 3/23/2016 22,706 3/23/2016 22,762.77 22,649.24
Thu 3/24/2016 22,696 3/24/2016 22,752.74 22,639.26
Fri 3/25/2016 22,686 3/25/2016 22,742.72 22,629.29
Mon 3/28/2016 22,698 3/28/2016 22,754.75 22,641.26
Tue 3/29/2016 22,701 3/29/2016 22,757.75 22,644.25
Wed 3/30/2016 22,696 3/30/2016 22,752.74 22,639.26
Thu 3/31/2016 22,694 3/31/2016 22,750.74 22,637.27
Fri 4/1/2016 22,697 4/1/2016 22,753.74 22,640.26
Mon 4/4/2016 22,695 4/4/2016 22,751.74 22,638.26
Tue 4/5/2016 22,699 4/5/2016 22,755.75 22,642.25
Wed 4/6/2016 22,694 4/6/2016 22,750.74 22,637.27
Thu 4/7/2016 22,692 4/7/2016 22,748.73 22,635.27
Fri 4/8/2016 22,688 4/8/2016 22,744.72 22,631.28
Mon 4/11/2016 22,690 4/11/2016 22,746.73 22,633.28
Tue 4/12/2016 22,685 4/12/2016 22,741.71 22,628.29
Wed 4/13/2016 22,683 4/13/2016 22,739.71 22,626.29
Thu 4/14/2016 22,680 4/14/2016 22,736.70 22,623.30
Fri 4/15/2016 22,680 4/15/2016 22,736.70 22,623.30
Mon 4/18/2016 22,682 4/18/2016 22,738.71 22,625.30
Tue 4/19/2016 22,687 4/19/2016 22,743.72 22,630.28
Wed 4/20/2016 22,690 4/20/2016 22,746.73 22,633.28
Thu 4/21/2016 22,684 4/21/2016 22,740.71 22,627.29
Fri 4/22/2016 22,678 4/22/2016 22,734.70 22,621.31
Mon 4/25/2016 22,683 4/25/2016 22,739.71 22,626.29
Tue 4/26/2016 22,689 4/26/2016 22,745.72 22,632.28
Wed 4/27/2016 22,694 4/27/2016 22,750.74 22,637.27
Thu 4/28/2016 22,688 4/28/2016 22,744.72 22,631.28
Fri 4/29/2016 22,696 4/29/2016 22,752.74 22,639.26
Mon 5/2/2016 22,700 5/2/2016 22,756.75 22,643.25
Tue 5/3/2016 22,705 5/3/2016 22,761.76 22,648.24
Wed 5/4/2016 22,699 5/4/2016 22,755.75 22,642.25
Thu 5/5/2016 22,706 5/5/2016 22,762.77 22,649.24
Fri 5/6/2016 22,701 5/6/2016 22,757.75 22,644.25
Mon 5/9/2016 22,709 5/9/2016 22,765.77 22,652.23
Tue 5/10/2016 22,715 5/10/2016 22,771.79 22,658.21
Wed 5/11/2016 22,720 5/11/2016 22,776.80 22,663.20
Thu 5/12/2016 22,723 5/12/2016 22,779.81 22,666.19
Fri 5/13/2016 22,733 5/13/2016 22,789.83 22,676.17
Mon 5/16/2016 22,727 5/16/2016 22,783.82 22,670.18
Tue 5/17/2016 22,721 5/17/2016 22,777.80 22,664.20
Wed 5/18/2016 22,714 5/18/2016 22,770.79 22,657.22
Thu 5/19/2016 22,716 5/19/2016 22,772.79 22,659.21
Fri 5/20/2016 22,710 5/20/2016 22,766.78 22,653.23
Mon 5/23/2016 22,707 5/23/2016 22,763.77 22,650.23
Tue 5/24/2016 22,712 5/24/2016 22,768.78 22,655.22
Wed 5/25/2016 22,704 5/25/2016 22,760.76 22,647.24
Thu 5/26/2016 22,698 5/26/2016 22,754.75 22,641.26
Fri 5/27/2016 22,706 5/27/2016 22,762.77 22,649.24
Mon 5/30/2016 22,709 5/30/2016 22,765.77 22,652.23
Tue 5/31/2016 22,702 5/31/2016 22,758.76 22,645.25
Wed 6/1/2016 22,697 6/1/2016 22,753.74 22,640.26
Thu 6/2/2016 22,690 6/2/2016 22,746.73 22,633.28
Fri 6/3/2016 22,695 6/3/2016 22,751.74 22,638.26
Mon 6/6/2016 22,687 6/6/2016 22,743.72 22,630.28
Tue 6/7/2016 22,680 6/7/2016 22,736.70 22,623.30
Wed 6/8/2016 22,682 6/8/2016 22,738.71 22,625.30
Thu 6/9/2016 22,678 6/9/2016 22,734.70 22,621.31
Fri 6/10/2016 22,685 6/10/2016 22,741.71 22,628.29
Mon 6/13/2016 22,695 6/13/2016 22,751.74 22,638.26
Tue 6/14/2016 22,703 6/14/2016 22,759.76 22,646.24
Wed 6/15/2016 22,694 6/15/2016 22,750.74 22,637.27
Thu 6/16/2016 22,690 6/16/2016 22,746.73 22,633.28
Fri 6/17/2016 22,698 6/17/2016 22,754.75 22,641.26
Mon 6/20/2016 22,702 6/20/2016 22,758.76 22,645.25
Tue 6/21/2016 22,694 6/21/2016 22,750.74 22,637.27
Wed 6/22/2016 22,685 6/22/2016 22,741.71 22,628.29
Thu 6/23/2016 22,689 6/23/2016 22,745.72 22,632.28
Fri 6/24/2016 22,672 6/24/2016 22,728.68 22,615.32
Mon 6/27/2016 22,683 6/27/2016 22,739.71 22,626.29
Tue 6/28/2016 22,952 6/28/2016 23,009.38 22,894.62
Wed 6/29/2016 23,013 6/29/2016 23,070.53 22,955.47
Thu 6/30/2016 23,201 6/30/2016 23,259.00 23,143.00
ation is that banks are not

bsolute reference, relative

f 22,901. Would you take any
in this case.
Replace feature (hotkey:
the name for range (D16:D36),

d 2 provide the same results

Min
22,608.000
22,656.000
22,686.000
22,678.000
22,698.000
22,672.000

he fomulas)
Min
22,608.000
22,656.000
 22,686.000
22,678.000
22,698.000
22,672.000

he same result
ndicates inconsistencies
spective locations

1
1
1
1
1
1

nk rate greater than 22,680

SALES DISCOUNT
HAPPY SHOP

DATA SECTION 1: SALES DISCOUNT

Purchase value Discount
20,000 1%
3%
50,000 10%

DATA SECTION 2: CUSTOMER DATABASES

Name Sales
Leslie 12,000
Tom 20,000
Thomas 60,000
Tucker 25,000

REPORT SECTION
Discount
Name Purchase value
(Y/N)
Leslie 12,000 N 11,880
Tom 20,000 Y 19,400
Thomas 60,000 Y 54,000
Tucker 25,000 Y 24,250
Data Section 1: Categories
From up Comment We have the database of stude
0 Fail We have to fill in comments ac
categories
5 Pass
If mark < 5, comment “FAIL”
8 Pass with flying colour If mark from 5 to <8, comment
If mark from 8 to 10, comment
Data Section 2: Students Database: COLOUR”
Name Mark
Ali 2
Hoang 4
Ben 5
Elsa 9
Anna 10
Einstein 6
David 7

Report Section
Name Mark Comment Dùng Vlookup
Ali 2 FAIL Fail
Hoang 4 FAIL Fail
Ben 5 PASS Pass
Elsa 9 PASS WITH FLYING COLOUR Pass with flying colour
Anna 10 PASS WITH FLYING COLOUR Pass with flying colour
Einstein 6 PASS Pass
David 7 PASS Pass
We have the database of students with their marks.
We have to fill in comments according to the
categories
f mark < 5, comment “FAIL”
f mark from 5 to <8, comment “PASS”
f mark from 8 to 10, comment “PASS WITH FLYING
COLOUR”
PASS FLYING WITH COLOUR

DATA SECTION 1: CATEGORIES REPORT SECTION

From up Comment Enter student name Steve Pham
0 Fail
5 Pass Mark 3
8 Pass flying with colour Comment Fail

DATA SECTION 2: DATABASE CACULATION

Name Mark Name Mark
Bill Nguyen 9 Bill Nguyen 9
Steve Pham 3 Steve Pham 3
Jollie Tran 4.5 Jollie Tran 4.5
Brad Le 10 Brad Le 10
Trish Bui 6 Trish Bui 6
 Steve Pham

3
Fail

Comment Dùng Vlookup

Pass flying with colour Pass flying with colour
Fail Fail
Fail Fail
Pass flying with colour Pass flying with colour
Pass Pass