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Accounting Concepts

Excel Spreadsheets + 1-page letter

To better understand the past two years, the vice president asks you to create a financial income statement and balance sheet for UFI for the combined years of 2004 and 2005. Use this information to calculate the following ratios:
? net margin
? return on investment
? return on equity
Write a letter to the vice president analyzing and comparing these ratios year to year.

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Please see the attached file.

REPORT TO VICE PRESIDENT
Ratios are an important financial statement analysis technique. The following ratios have been computed for the year 2004 &2005:
NET MARGIN = NET PROFIT / SALES
Particulars 2004 2005
Net ...

Solution Summary

Excel sheets and Letter as required by the instructions

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