FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question
A1
Clipboard
A
B
Font
Alignment
Xfx Formula: Divide, Subtract; Cell Referencing
C
1 Formula: Divide, Subtract; Cell Referencing
2
D
E
F
G
H
3 Chapter 11 AP11.2 a. part 2. Using Excel to Perform Analytical Procedures
on Revenue
000
Number
Styles
Cells
Student Work Area
Editing
Ser
L
N
0
P
Required: Provide input into cells shaded in yellow in this template. Use mathematical
formulas with cell references to the Problem and work areas as indicated.
4
5
PROBLEM
6 The following data was taken from the production and accounting records
7 for Casuccio Manufacturing, Inc.
8
Calculate the following ratios for 2026, 2025, and 2024
O
9
10
Unaudited Audited
2026
2025
Audited
2024
2026
2025
2024
11
Operating Data
12
Capacity in units
13
Production in units
14
Ending inventory in units
450,000 450,000
450,000 400,000
32,000 28,000
450,000
300,000
21,000
Uncollectible accounts expense to net
credit sales
15
Uncollectible accounts expense to
accounts receivable written off
16
Financial Data ($000)
17
Total revenues
$ 35,200 $ 27,500 $ 21,200
Accounts receivable turnover
18
Total assets
23,000
19,500
15,700
19
Accounts receivable, net
5,900
4,300
3,900
Accounts receivable turnover in days
20
Bad debt expense
175
135
105
21
Accounts receivable written off
165
125
100
22
23
24
25
26
27
28
29
30
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Transcribed Image Text:A1 Clipboard A B Font Alignment Xfx Formula: Divide, Subtract; Cell Referencing C 1 Formula: Divide, Subtract; Cell Referencing 2 D E F G H 3 Chapter 11 AP11.2 a. part 2. Using Excel to Perform Analytical Procedures on Revenue 000 Number Styles Cells Student Work Area Editing Ser L N 0 P Required: Provide input into cells shaded in yellow in this template. Use mathematical formulas with cell references to the Problem and work areas as indicated. 4 5 PROBLEM 6 The following data was taken from the production and accounting records 7 for Casuccio Manufacturing, Inc. 8 Calculate the following ratios for 2026, 2025, and 2024 O 9 10 Unaudited Audited 2026 2025 Audited 2024 2026 2025 2024 11 Operating Data 12 Capacity in units 13 Production in units 14 Ending inventory in units 450,000 450,000 450,000 400,000 32,000 28,000 450,000 300,000 21,000 Uncollectible accounts expense to net credit sales 15 Uncollectible accounts expense to accounts receivable written off 16 Financial Data ($000) 17 Total revenues $ 35,200 $ 27,500 $ 21,200 Accounts receivable turnover 18 Total assets 23,000 19,500 15,700 19 Accounts receivable, net 5,900 4,300 3,900 Accounts receivable turnover in days 20 Bad debt expense 175 135 105 21 Accounts receivable written off 165 125 100 22 23 24 25 26 27 28 29 30 Enter Answer + Ready Accessibility: Investigate
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