Grader - Instructions Integrated 2019 ProjectEX19_DSP_Integrated_Business 1.0
Project Description:
You are the assistant director of Healthy Living Motorcycles, Inc. You are updating database and financial information to distribute a letter and a newsletter to select shareholders ahead of the annual meeting. You will also prepare a presentation to deliver to all shareholders at the annual meeting.
Steps to Perform:
Step
Instructions
Points Possible
1
You want to store the shareholders’ information in the database. Since you already have the shareholders’ mailing information in an Excel workbook, you import the data into the Shareholders table. You add data to some of the fields, and then use the Input Mask Wizard to standardize some fields.
Start Access. Download and open the file named
02i_HealthyLiving.accdb. Grader has automatically added your last name to the beginning of the filename. Save the file to the location where you are storing your files.
0
2
Import the data from Sheet1 of the
02i_Shareholders.xlsx Excel file into a new table. Use the column headings from the Excel file, and let Access add the primary key. Save and name the table as
Shareholders.
2
3
Change the Data Type for Phone to
Short Text. Create an
Input Mask for
Phone using the default settings. Accept the underscore as the placeholder and store the data without the symbols in the mask. View the data in the Shareholders table in Datasheet view and adjust column widths so all data is visible. Save and close the table.
3
4
You create a query in Access to locate the Virginia shareholders and export the results of the query to an Excel file. You’ll use this data later when you write a letter to select shareholders using Mail Merge.
Create a query using all the fields except for ID and Phone from the Shareholders table. Use State criteria to find all shareholders living in Virginia. Sort the results in Ascending order based on Last. Name the query
VA Shareholders. Run, save, and then close the query.
3
5
Export the
VA Shareholders query to an Excel file. Export data with formatting and layout. Save the workbook and name it
02i_VaShareholders_LastFirst.xlsx. Do not save the export steps. Close Access.
3
6
Your executive assistant has collected enough financial data to create the income statement for the current year. You use the data to project the income data for the next five years and create a chart to better illustrate the trends. You format the worksheet to give it a more professional look.
Start Excel. Download and open the file named
02i_IncomeStatement.xlsx..
1. Grader - Instructions Integrated 2019
ProjectEX19_DSP_Integrated_Business 1.0
Project Description:
You are the assistant director of Healthy Living Motorcycles,
Inc. You are updating database and financial information to
distribute a letter and a newsletter to select shareholders ahead
of the annual meeting. You will also prepare a presentation to
deliver to all shareholders at the annual meeting.
Steps to Perform:
Step
Instructions
Points Possible
1
You want to store the shareholders’ information in the database.
Since you already have the shareholders’ mailing information in
an Excel workbook, you import the data into the Shareholders
table. You add data to some of the fields, and then use the Input
Mask Wizard to standardize some fields.
Start Access. Download and open the file named
02i_HealthyLiving.accdb. Grader has
automatically added your last name to the beginning of the
filename. Save the file to the location where you are storing
your files.
0
2
Import the data from Sheet1 of the
02i_Shareholders.xlsx Excel file into a new
table. Use the column headings from the Excel file, and let
Access add the primary key. Save and name the table as
Shareholders.
2. 2
3
Change the Data Type for Phone to
Short Text. Create an
Input Mask for
Phone using the default settings. Accept the
underscore as the placeholder and store the data without the
symbols in the mask. View the data in the Shareholders table in
Datasheet view and adjust column widths so all data is visible.
Save and close the table.
3
4
You create a query in Access to locate the Virginia shareholders
and export the results of the query to an Excel file. You’ll use
this data later when you write a letter to select shareholders
using Mail Merge.
Create a query using all the fields except for ID and Phone from
the Shareholders table. Use State criteria to find all
shareholders living in Virginia. Sort the results in Ascending
order based on Last. Name the query
VA Shareholders. Run, save, and then close
the query.
3
5
Export the
VA Shareholders query to an Excel file.
Export data with formatting and layout. Save the workbook and
name it
02i_VaShareholders_LastFirst.xlsx. Do not
save the export steps. Close Access.
3
3. 6
Your executive assistant has collected enough financial data to
create the income statement for the current year. You use the
data to project the income data for the next five years and create
a chart to better illustrate the trends. You format the worksheet
to give it a more professional look.
Start Excel. Download and open the file named
02i_IncomeStatement.xlsx. Save the file to
the location where you are storing your files.
0
7
Enter the following formulas in the corresponding cells:
• In cell
B8: Gross profit = Sales − Cost of goods
sold
• In cell
B13: Total operating expenses = Selling
expenses + Administrative expenses
• In cell
B17: Income before taxes = Operating
income − Interest expense
• In cell
B20: Net income after taxes = Income
before taxes − Income tax expense
• In cell
B23: Earnings per share = Net income after
taxes / Total # of outstanding shares
Copy the cell contents in cells
B8, B13, B17, B20, and
B23 to the corresponding cells in columns
C:G (Ignore the #DIV/0! error for now).
4
4. 8
Use absolute references and the projected rates in B26:B33 to
project the financial figures for Year 2019 in cells
C6,
C7,
C11,
C12,
C15,
C16,
C18, and
C22.
Copy the cell contents in the range
C6:C22 to the corresponding cells in
columns D:G.
4
9
Rename the worksheet tab to
Income Statement and change the worksheet
tab color to
Red. Apply the
Retrospect theme to the worksheet.
2
10
Merge & center cell
A1 to the range
A1:G1 and then apply the
Title Cell Style and
Bold. Use Format Painter to apply the same
format to cell
A2.
Merge & center cell
A3 to the range
5. A3:G3 and then apply the
Heading 2 Cell
Style.
Apply the
Heading 4 Cell
Style to the range
A6:A33. Apply the
Total Cell Style to ranges
B8:G8,
B13:G13, and
B20:G20.
3
11
Create a footer with your first name and last name on the left
side, the sheet name element in the center, and file name
element on the right side of the worksheet.
2
12
Change orientation to
Landscape, top and bottom margins to
.5”, left and right margins to
.25”. Change the scale to
95%.
Center the worksheet
horizontally on the page. Preview the
worksheet to ensure that the whole worksheet fits on one page.
3
13
Select the content in ranges
A5:G5 and
A23:G23 and insert a
3-D Clustered Column
chart that shows the current and five-year
projected Earnings per share. Apply the
6. Style 3 Chart
Style. Change the chart title to
Current and 5-Year Projected EPS. Add data
labels with the EPS values above each bar.
3
14
Move the chart to a new chart sheet (following the Income
Statement worksheet). Name the tab as
EPS Column Chart. Save and close the
workbook.
2
15
Your company periodically mails out newsletters to
shareholders. Your assistant has written a draft of the cover
letter and the current issue of the company’s newsletter. You
format the letter and the educational newsletter and financial
data before sending them to shareholders.
Start Word. Download and open the file named
02i _Newsletter.docx. Save the file to the
location where you are storing your files.
0
16
Apply the
Retrospect theme and a
DRAFT 1 watermark to the document.
Replace
[Student First Name Last Name] that
displays after
Sincerely yours, with your name.
3
17
7. Click to the left of the words
Educational Information on the first page.
Insert a
Next Page Section Break.
Apply the
Title style to the section heading
Educational Information. Modify the Title
style to use
Times New Roman,
Bold,
Olive Green,
Text 2, and
Align Center.
3
18
Apply the
Heading 1 style to the following text in the
document:
•
Introduction• Understanding Financial
Statements• Understanding Financial Ratios• Summary•
References
2
19
Apply
Heading 2 style to the following headings:
•
Balance Sheet• Income Statement•
Statement of Cash Flows•Liquidity Ratios• Leverage•
Rates of Return• Stock Market Ratios
1.75
20
Modify the
Heading 1 and
8. 2 styles to use
Times New Roman,
Bold, and
center aligned.
2
21
Insert two
Next Page Section Breaks on the blank line
above the
Understanding Financial Ratios heading.
Change the layout of the blank page (Page 4) to
Landscape.
2.25
22
Open
02i_IncomeStatement.xlsx using Excel.
Select the range
A1:G23 from the
Income Statement worksheet and copy and
paste it as a picture to the new blank page in the newsletter that
you just formatted to landscape layout. Close the workbook and
close Excel.
3
23
Position the insertion point to the left of
Sincerely yours on the cover letter (Page 1).
Insert a Table of Contents with the
Automatic Table 1 format. Delete the word
Contents (leave the end of paragraph mark).
Save the document.
2
24
9. Place the insertion point before the period at the end of the first
sentence in the
Introduction section on Page 2. Add the
following footnote:
The materials in this newsletter are
summarized from the sources listed in the References section of
this document. (include the period). Modify the footnote style to
use
Times New Roman font.
2
25
Position the insertion point on Page 1, insert the
Integral style footer. Format the page number
to start at
0. Apply
Times New Roman font to the footer. Check
the
Different First Page box so that the page
numbering begins on Page 2.
3
26
Go to the
References section on the last page of the
newsletter, apply bullets to the six sources and insert hyperlinks
to the six URLs. Save the document.
2
27
You conduct a mail merge to prepare a mailing to the
shareholders residing in Virginia by merging the newsletter you
have prepared with a data source that you had created using
Access.
Position the insertion point to the left of
10. [Address Block] at the top of the document.
Begin a new mail merge, creating letters using the current
document. The data source is the
02i_VaShareholders_LastFirst.xlsx Excel
file.
0
28
Edit the recipient list to include only the two recipients with the
last names of
Jones and
Williams.
2
29
Replace
[Address Block] with the
Joshua Randall Jr. Address block. (Don’t
delete the blank line). Insert the
<<First>> merge field, replacing
[first name] in the salutation. (Don’t delete
the comma).
2
30
You will preview the results and view the document as
addressed to one recipient; do not finish and merge the
document at this time.
Preview the results to ensure only two Virginian shareholders
are receiving the letter. Ensure that the second recipient
(Kwasi) is previewed. The document
contains eight pages, with a cover letter and the newsletter.
Save the new document as
02i_MergedLetter and close all documents.
11. 2
31
You create the PowerPoint presentation from a blank using an
outline that your assistant created for you. You include
financial data from the worksheet you updated earlier and
format the presentation, so it looks professional.
Start PowerPoint. Download and open the blank presentation
named
02i_Finance.pptx. Save the file to the
location where you are storing your files. Apply the
Retrospect theme with the default variant.
2
32
Enter the following text into the placeholders on the title slide:
Title placeholder:
Healthy Living Motorcycles, Inc. Change the
font size to
60.
Subtitle placeholder:
Presented By: FirstName LastName.
2
33
Create Slide 2 using the
Title and Content layout and add
Agenda as the slide title.
Add the following content. Format the bullets as
Star Bullets.
Understanding Financial
StatementsUnderstanding Financial RatiosComparison of EPS
over Five Years
5
34
12. Insert a new slide using the
Title Only layout and add
Any Questions? as the title. Center the title.
2
35
Select
Slide 2 and import the downloaded
02i_Outline.docx file into the presentation.
3
36
Insert the downloaded
02i_Figure1.jpg on the Title Slide. Change
the height to
1.5”. Position it horizontally at
10.55” from the top left corner and vertically
at
0.20” from the top left corner.
3
37
Create a slide footer that displays the current date, the slide
number, and your full name on each slide, except the title slide.
2
38
Open the
02i_IncomeStatement.xlsx Excel file. Select
and copy the range
A1:G23 from the Income Statement
worksheet tab and paste it keeping Source formatting on
Slide 3. Change the table height to
5” and width to
7”. Apply an
Outside border to the table. Reposition the
table as needed so it fits nicely on the slide.
13. 3
39
Insert a new slide with the
Title Only layout after
Slide 8. Type
Comparison of EPS over Five Years as the
slide title. Copy and then paste and embed the
EPS Column Chart from the
02i_IncomeStatement Excel file to Slide 9.
3
40
Remove the
Chart Title. Change the chart height to
4.8” and position the chart in the middle of
the slide content area.
2
41
On Slide 2, create
hyperlinks to the respective slides:
Slide 3:
Understanding Financial
Statements<br>Slide 4:
Understanding Financial Ratios<br>Slide 9:
Comparison of EPS over Five Years
3
42
Apply the
Wipe transition to all slides. Apply the
Fly In animation to the bullets on Slide 2 and
set the timing to
After Previous. Set the duration to
01.50 and delay of
00.50. Save and close the presentation.
14. 3
43
Reopen the
02i_MergedLetter.docx. At the end of the
document, in the blank line, insert the file
02i _Finance.pptx as an embedded object
that will display the PowerPoint presentation in the Word
document. (Hint: Click
Object in the Text group on the Insert tab,
and then select
Object. On the Create from File tab,
Browse to locate the file, confirm that the
Display as icon option is not selected, and then click
OK.) Press
ENTER. In the next empty paragraph, insert
the file
02i_IncomeStatement.xlsx as an embedded
object that will display the Excel workbook in the Word
document. Resize the embedded Excel object so that it fits on
the page. Press
ENTER. In the next empty paragraph, insert
the file
02i _HealthyLiving.accdb as an embedded
object that will display the Access database in the Word
document.
Save the Word document. Close Word, and submit the
02i_MergedLetter.docx as directed.
1
Total Points
100
20. StreetAddressS_CityS_StateS_PostalCodeS_CountryS_PhoneS_
FaxS_HomePageCapacityProductIDmSysRowIdS101Exotic
Biking3DiazAssistant Director49 Gilbert St.LondonEC1
4SDUK(171) 555-222221000101S102Fahrrad
Motorbikes37BeinDirectorBogenallee
51Frankfurt60439Germany(069)
99275550600114S103Bigfoot39SaylorInterim Director3400 -
8th Avenue
Suite 210BendOR97101USA(503) 555-9931Mayumi's (on the
World Wide
Web)#http://www.microsoft.com/accessdev/sampleapps/mayumi
.htm#48000116S104Au Revoir43NodierDepartment Head203,
Rue des Francs-BourgeoisParis75004France(1) 03.83.00.68(1)
03.83.00.6231980120S105New England Exercing
Equipments44MerchantUnit HeadOrder Processing Dept.
2100 Paul Revere Blvd.BostonMA02134USA(617) 555-
3267(617) 555-338914500121S106Leka
Trading1LekaOwner471 Serangoon Loop, Suite
#402Singapore0512Singapore555-87879800122S107Eiffel
Bikes29CooperSenior ManagerAv. das Americanas 12.890São
Paulo5442Brazil(11) 555 464026000105S108Karkki
Oy4HeikkonenAssociate DirectorValtakatu
12Lappeenranta53120Finland(953) 1095656700107S109New
Country Motorcycles5MackenzieSenior Manager170 Prince
Edward Parade
Hunter's HillSydneyNSW2042Australia(02) 555-5914(02) 555-
487345600111S110Ma Velo10LauzonDivision Head2960 Rue
St. LaurentMontréalQuébecH1J 1C3Canada(514) 555-
9022Plutzer (on the World Wide
Web)#http://www.microsoft.com/accessdev/sampleapps/plutzer.
htm#15000119S111La Favart14DelamareSales Manager22, rue
H.
VoironMontceau71300France85.57.00.0732700124S112Louvre
21. LLC20GouletAccounting Manager148 rue ChasseurSte-
HyacintheQuébecJ2S 7S8Canada(514) 555-2955(514) 555-
2921#FORMAGGI.HTM#13500113S113Grandpa
Hobbies21MurphyAssociate Director707 Oxford Rd.Ann
ArborMI48104USA(313) 555-5735(313) 555-
3349#CAJUN.HTM#10000106S114Mayumi's28OhnoManager92
Setsuko
Chuo-kuOsaka545Japan(06) 431-787745890111
__MACOSX/Mangat_EX19_DSP_Integrated_Business/._Mangat
_02i_HealthyLiving.accdb
Mangat_EX19_DSP_Integrated_Business/02i_Figure1.jpg
__MACOSX/Mangat_EX19_DSP_Integrated_Business/._02i_Fi
gure1.jpg
Mangat_EX19_DSP_Integrated_Business/02i_IncomeStatement.
xlsx
Raw DataHealthy Living Motorcycles, Inc.Income StatementFor
the Year ended December 31, 2018 and Projected Income for the
Next 5 Years201820192020202120222023Sales (all on credit)$
5,000,000Cost of goods sold$ 3,800,000Gross profitOperating
expensesSelling expenses$ 350,000Administrative expenses$
450,000Total operating expensesOperating income$
400,000Interest expense$ 120,000Income before taxesIncome
tax expense$ 50,000Net income after taxesTotal # of
outstanding shares100,000Earnings per share Projected
RatesSales15.0%Cost of goods sold20.0%Selling
expenses15.0%Administrative expenses10.0%Operating
income25.0%Interest expense5.0%Income tax expense5.0%Total
# of outstanding shares30.0%
__MACOSX/Mangat_EX19_DSP_Integrated_Business/._02i_Inc
omeStatement.xlsx
22. Mangat_EX19_DSP_Integrated_Business/02i_Newsletter.docx
Healthy Living Motorcycles, Inc.
[Address Block]
September 5, 2018
RE: Annual Meeting of Shareholders
Dear [first name],
I would like to remind you that our Annual Meeting of
Shareholders is just three months away! If you would like to
attend the meeting, please make your reservations now! This
month’s newsletter describes the various financial terms and
ratios that are frequently used in financial reports. I hope this is
useful as you prepare for the annual meeting.
If you have any questions, please feel free to call 1-555-223-
4531, or send an email to [Student FirstName LastName] at
[email protected]
The content in this educational newsletter is as follows:
Sincerely yours,
[Student First Name Last Name]
23. Educational Information
INTRODUCTION
To operate efficiently and stay in business, every company must
keep track of their income and expenses diligently. There are
different kinds of income and expenses, and a good record of
these income and spending activities will help to manage the
company’s finances effectively. All financial information is
assembled and tabulated into financial statements. Financial
ratios are analyzed to understand a company's financial
performance and to make future predictions of business
performances. For a public company, these financial reports and
ratios are made available readily to the public. This financial
information is valuable to various constituents such as
investors, stakeholders, creditors, suppliers, employees, and
customers, and can usually answer the following questions:
·
Is the business profitable?
·
Is the business paying its expenses and bills?
·
How does the business finance its operations?
·
What are the business’ current and anticipated
earnings?
·
Who are the competitors and how do they compare
with the business?
24. UNDERSTANDING FINANCIAL STATEMENTS
Balance Sheet
A balance sheet is a collection of important financial
information. Some of the financial terms that you will see in a
balance sheet are:
·
Current assets include items such as Cash, Accounts
Receivable, Inventory, Supplies, Prepaid Insurance, etc., which
are usually reported on the balance sheet.
·
Current liabilities include items such as short term
notes payable that due within one year, accounts payable, wages
payable, interest payable, unearned revenues, etc., and are
likely to be reported on the balance sheet.
·
Long-term liabilities are items such as long term
notes payable that are due more than one year, bonds payable
that are maturing more than one year, and will often have
current values that differ from the amounts reported on the
balance sheet.
·
Stockholders' equity refers to the
book value of the company. It is the difference
between the reported amount of assets and the reported amount
of liabilities. Therefore, the reported amount of stockholders'
equity will be different from the current or market value of the
company.
Income Statement
25. Also known as the profit and loss statement or statement of
revenue and expense, an income statement measures a
company's financial performance over a specific accounting
period, typically over a quarter, semi-yearly, or a year. It
summarizes the revenues and expenses of a company incurred
through both operating and non-operating activities, and shows
the net profit or loss incurred over a specific accounting period.
Because of its accounting principles, the income statement has
some limitations. For instance, a company's depreciation
expense is based on the cost of the assets it has acquired and is
used in its business. Therefore, the resulting depreciation
expense may not be a good indicator of the economic value of
the asset being depicted. Below is an example of an income
statement:
Statement of Cash Flows
The statement of cash flows shows the cash flow from operating
activities that is used to assess the quality of a company's
earnings. For a company's earnings to be considered "quality",
the amount of cash flow from the operating activities must be
consistently greater than the company's net income. This is
because under accrual accounting, various estimates and
assumptions are made regarding both revenues and expenses.
UNDERSTANDING FINANCIAL RATIOS
We need to analyze several financial ratios to get a clear
perspective of the company’s standing. Frequently, standard
business practices call for several different categories of ratios
to be analyzed and interpreted for long term strategic planning.
26. This report will review several basic financial ratios that are
most beneficial if they are used to compare company’s
performances within a specific industry.
Liquidity Ratios
In order to operate effectively, companies must meet their
short-term obligations, such as paying their creditors and
repaying their short-term debts. Thus, the liquidity of the
company can be a good indicator of the company’s financial
standing. Two common measures of liquidity are:
·
Current ratio = current assets / current liabilities
·
Quick ratio = (cash + marketable securities + net
receivables) / current liabilities
In contrast, the current ratio include inventories but the quick
ratio does not. However, the quick ratio is a more conservative
standard. If the quick ratio is greater than one, it is rational to
assume that the firm is able to meet its current obligations. On
the other hand, if the quick ratio is less than one but the current
ratio is above one, then the status of the firm becomes more
complex. Under such situation, the valuation of inventories and
the inventory turnover can become more critical.
The current ratio can be affected by problems with inventory
valuation. Companies traditionally value inventories using one
of the following two methods:
·
27. Last in, first out (LIFO).
·
First in, first out (FIFO).
Inventories are valued at their old costs if we use the LIFO
method. If the company has a large quantity of leftover
inventory, some of it may be carried over at a relatively low
cost due to inflation. In contrast, if the product prices have been
falling, the LIFO method will lead to an over value in the
inventories. With the FIFO method, inventories are valued at
their current replacement cost. Consequently, if we have
organizations using different accounting methods and keeping
large inventories, the current ratios will not be beneficial in
measuring their relative strength.
Leverage
Firms are usually financed by a combination of equity and
debts. Whichever method that a company chooses depends on:
(1) tax policy, since high corporate rates usually favor debt,
while high personal tax rates favor equity; (2) bankruptcy costs;
and (3) overall corporate risk. Specifically, if a company is
concerned with bankruptcy possibilities, then the long-run
solvency or leverage of the company may be important. Two
measures of leverage commonly used are:
·
Debt-to-asset ratio = total liabilities / total assets. As
with any kind of performance measures, there are also problems
with leverage ratios. One of the main problems with this
measurement is that assets and equity are frequently measured
in terms of the carrying (book) value in the firm's financial
statements. Unfortunately, this figure often has very little to do
28. with the market value of the firm, or the value that creditors
could receive if the firm is liquidated.
·
Debt-equity ratio = long-term debt / shareholder's
equity. Debt-to-equity ratios vary considerably across
industries, because of the varying characteristics of the industry
and its environment. For instance, a stable business such as
utilities and electricity can operate with a relatively high debt-
equity ratio. On the other hand, a cyclical business like
automobile manufacturers will need a lower debt-equity ratio.
Therefore, it is not beneficial to compare debt-equity ratios
across industries. Analysts also use the debt-equity ratio to
determine the company’s ability to generate new funds from the
capital market. A company with considerable debt is easily
perceived as one to have little new-financing
capacity. Therefore, given the threat of bankruptcy, a high debt-
equity ratio may make future financing very difficult. For
instance, railroads in the 1970s had difficulty acquiring funds
for new investments in piggybacking (a large technical
improvement in railroading) since the threat of bankruptcy from
prior poor investments was relatively high.
Rates of Return
The two measures of profitability commonly used by companies
are:
·
Return on assets (ROA) = net income / total average
assets
·
Return on equity (ROE) = net income / total
stockholders equity
29. Both assets and equity are measured in terms of book value. To
illustrate, if assets were acquired long ago at a relatively low
price, the current performance of the company may be
overstated by the use of the return on assets and return on
equity ratios. Consequently, such accounting returns on
investment often do not correlate with the true economic rate of
return for those investment.
Further, research analysts frequently focus on company
performances in single years, instead of evaluating the averages
of these return ratios over several years to isolate any
idiosyncratic returns and also attempt to find any patterns in the
data.
Stock Market Ratios
Besides the ratios derived from balance sheets, income
statements, and cash flow sheets, some data are associated with
their stock market performances. The three most common ratios
to measure stock market performances are:
·
Earnings per share (EPS) = (net income - preferred
dividends) / common shares outstanding. Considered to be one
of the most widely used ratio, EPS is often required to be listed
in the income statements of publicly traded firms. This ratio
indicates what the company has earned per share of stock
outstanding. Unfortunately, this ratio is not very beneficial to
the stockholder because it does not reveal the assets that a firm
used to generate those earnings, and therefore does not provide
information regarding the company’s profitability. Also, it does
not disclose the amount that the individual stockholder has paid
30. for each share of the stock over that annual earnings. In
addition, some accounting practices in the calculation of
earnings may distort these ratios and the financial treatment of
inventories can again be problematic.
·
Price-earnings ratio (P/E) = market price per share /
earnings per share. Commonly used by companies, the P/E ratio
is reported in the financial section of the daily newspapers. A
high P/E tends to imply that stockholders believe the future
prospects of the firm are better than its current performance.
They are actually paying more for each share than the firm's
current earnings warrant.
·
Dividend-yield ratio = annual dividends / price per
share. For some stockholders, dividend policy might be
important. The dividend-yield ratio shows us the amount of
earnings that a company pays out in dividends versus the
reinvestment that they put back into the company. In
comparison, rapidly growing firms in new areas tend to have
low dividend-yield ratios and more mature firms tend to have
higher dividend-yield ratios.
SUMMARY
This newsletter briefly summarized several ratios that are
frequently used by companies to measure their financial
performances. However, all these have the potential to be
misused and manipulated by shady accounting
practices. Therefore, these ratios must be handled with care.
REFERENCES
Most Popular Accounting Topics:
http://accountingexplained.com/
31. Financial Ratios Formulas, Definitions and Explanations:
http://www.bizwiz.ca/financial_ratios_formulas_and_explanatio
ns.html
Financial ratio analysis – A reading prepared by Pamela
Peterson Drake:
http://educ.jmu.edu/~drakepp/principles/module2/fin_rat.pdf
Financial Ratio Analysis:
http://www3.nd.edu/~mgrecon/simulations/micromaticweb/finan
cialratios.html
Explanation of the Topic...Financial Ratios:
http://www.accountingcoach.com/online-accounting-
course/03Xpg01.html
General Information on Ratios:
http://mercury.webster.edu/westedou/financial_ratios.htm
__MACOSX/Mangat_EX19_DSP_Integrated_Business/._02i_Ne
wsletter.docx
Mangat_EX19_DSP_Integrated_Business/Retrospect.thmx
__MACOSX/Mangat_EX19_DSP_Integrated_Business/._Retros
pect.thmx
Mangat_EX19_DSP_Integrated_Business/EX19_DSP_Integrated
_Business_Instructions.docx
Grader - Instructions Integrated 2019
32. ProjectEX19_DSP_Integrated_Business 1.0
Project Description:
You are the assistant director of Healthy Living Motorcycles,
Inc. You are updating database and financial information to
distribute a letter and a newsletter to select shareholders ahead
of the annual meeting. You will also prepare a presentation to
deliver to all shareholders at the annual meeting.
Steps to Perform:
Step
Instructions
Points Possible
1
You want to store the shareholders’ information in the database.
Since you already have the shareholders’ mailing information in
an Excel workbook, you import the data into the Shareholders
table. You add data to some of the fields, and then use the Input
Mask Wizard to standardize some fields.
Start Access. Download and open the file named
02i_HealthyLiving.accdb. Grader has
automatically added your last name to the beginning of the
filename. Save the file to the location where you are storing
your files.
0
2
Import the data from Sheet1 of the
02i_Shareholders.xlsx Excel file into a
new table. Use the column headings from the Excel file, and let
Access add the primary key. Save and name the table as
Shareholders.
2
3
Change the Data Type for Phone to
Short Text. Create an
33. Input Mask for
Phone using the default settings. Accept
the underscore as the placeholder and store the data without the
symbols in the mask. View the data in the Shareholders table in
Datasheet view and adjust column widths so all data is visible.
Save and close the table.
3
4
You create a query in Access to locate the Virginia shareholders
and export the results of the query to an Excel file. You’ll use
this data later when you write a letter to select shareholders
using Mail Merge.
Create a query using all the fields except for ID and Phone from
the Shareholders table. Use State criteria to find all
shareholders living in Virginia. Sort the results in Ascending
order based on Last. Name the query
VA Shareholders. Run, save, and then
close the query.
3
5
Export the
VA Shareholders query to an Excel file.
Export data with formatting and layout. Save the workbook and
name it
02i_VaShareholders_LastFirst.xlsx. Do
not save the export steps. Close Access.
3
6
Your executive assistant has collected enough financial data to
create the income statement for the current year. You use the
data to project the income data for the next five years and create
a chart to better illustrate the trends. You format the worksheet
34. to give it a more professional look.
Start Excel. Download and open the file named
02i_IncomeStatement.xlsx. Save the file
to the location where you are storing your files.
0
7
Enter the following formulas in the corresponding cells:
• In cell
B8: Gross profit = Sales − Cost of goods
sold
• In cell
B13: Total operating expenses = Selling
expenses + Administrative expenses
• In cell
B17: Income before taxes = Operating
income − Interest expense
• In cell
B20: Net income after taxes = Income
before taxes − Income tax expense
• In cell
B23: Earnings per share = Net income
after taxes / Total # of outstanding shares
Copy the cell contents in cells
B8, B13, B17, B20, and
B23 to the corresponding cells in columns
C:G (Ignore the #DIV/0! error for now).
4
8
Use absolute references and the projected rates in B26:B33 to
project the financial figures for Year 2019 in cells
C6,
C7,
35. C11,
C12,
C15,
C16,
C18, and
C22.
Copy the cell contents in the range
C6:C22 to the corresponding cells in
columns D:G.
4
9
Rename the worksheet tab to
Income Statement and change the
worksheet tab color to
Red. Apply the
Retrospect theme to the worksheet.
2
10
Merge & center cell
A1 to the range
A1:G1 and then apply the
Title Cell Style and
Bold. Use Format Painter to apply the
same format to cell
A2.
Merge & center cell
A3 to the range
A3:G3 and then apply the
Heading 2 Cell
Style.
Apply the
Heading 4 Cell
36. Style to the range
A6:A33. Apply the
Total Cell Style to ranges
B8:G8,
B13:G13, and
B20:G20.
3
11
Create a footer with your first name and last name on the left
side, the sheet name element in the center, and file name
element on the right side of the worksheet.
2
12
Change orientation to
Landscape, top and bottom margins to
.5”, left and right margins to
.25”. Change the scale to
95%.
Center the worksheet
horizontally on the page. Preview the
worksheet to ensure that the whole worksheet fits on one page.
3
13
Select the content in ranges
A5:G5 and
A23:G23 and insert a
3-D Clustered Column
chart that shows the current and five-year
projected Earnings per share. Apply the
Style 3 Chart
Style. Change the chart title to
Current and 5-Year Projected EPS. Add
data labels with the EPS values above each bar.
37. 3
14
Move the chart to a new chart sheet (following the Income
Statement worksheet). Name the tab as
EPS Column Chart. Save and close the
workbook.
2
15
Your company periodically mails out newsletters to
shareholders. Your assistant has written a draft of the cover
letter and the current issue of the company’s newsletter. You
format the letter and the educational newsletter and financial
data before sending them to shareholders.
Start Word. Download and open the file named
02i _Newsletter.docx. Save the file to the
location where you are storing your files.
0
16
Apply the
Retrospect theme and a
DRAFT 1 watermark to the document.
Replace
[Student First Name Last Name] that
displays after
Sincerely yours, with your name.
3
17
Click to the left of the words
Educational Information on the first page.
Insert a
Next Page Section Break.
38. Apply the
Title style to the section heading
Educational Information. Modify the Title
style to use
Times New Roman,
Bold,
Olive Green,
Text 2, and
Align Center.
3
18
Apply the
Heading 1 style to the following text in
the document:
•
Introduction• Understanding Financial
Statements• Understanding Financial Ratios• Summary•
References
2
19
Apply
Heading 2 style to the following headings:
•
Balance Sheet• Income Statement•
Statement of Cash Flows•Liquidity Ratios• Leverage•
Rates of Return• Stock Market Ratios
1.75
20
Modify the
Heading 1 and
2 styles to use
Times New Roman,
Bold, and
center aligned.
39. 2
21
Insert two
Next Page Section Breaks on the blank
line above the
Understanding Financial Ratios heading.
Change the layout of the blank page (Page 4) to
Landscape.
2.25
22
Open
02i_IncomeStatement.xlsx using Excel.
Select the range
A1:G23 from the
Income Statement worksheet and copy and
paste it as a picture to the new blank page in the newsletter that
you just formatted to landscape layout. Close the workbook and
close Excel.
3
23
Position the insertion point to the left of
Sincerely yours on the cover letter (Page
1). Insert a Table of Contents with the
Automatic Table 1 format. Delete the
word
Contents (leave the end of paragraph
mark). Save the document.
2
24
Place the insertion point before the period at the end of the first
sentence in the
Introduction section on Page 2. Add the
following footnote:
40. The materials in this newsletter are
summarized from the sources listed in the References section of
this document. (include the period). Modify the footnote style to
use
Times New Roman font.
2
25
Position the insertion point on Page 1, insert the
Integral style footer. Format the page
number to start at
0. Apply
Times New Roman font to the footer.
Check the
Different First Page box so that the page
numbering begins on Page 2.
3
26
Go to the
References section on the last page of the
newsletter, apply bullets to the six sources and insert hyperlinks
to the six URLs. Save the document.
2
27
You conduct a mail merge to prepare a mailing to the
shareholders residing in Virginia by merging the newsletter you
have prepared with a data source that you had created using
Access.
Position the insertion point to the left of
[Address Block] at the top of the
document. Begin a new mail merge, creating letters using the
current document. The data source is the
02i_VaShareholders_LastFirst.xlsx Excel
41. file.
0
28
Edit the recipient list to include only the two recipients with the
last names of
Jones and
Williams.
2
29
Replace
[Address Block] with the
Joshua Randall Jr. Address block. (Don’t
delete the blank line). Insert the
<<First>> merge field, replacing
[first name] in the salutation. (Don’t
delete the comma).
2
30
You will preview the results and view the document as
addressed to one recipient; do not finish and merge the
document at this time.
Preview the results to ensure only two Virginian shareholders
are receiving the letter. Ensure that the second recipient
(Kwasi) is previewed. The document
contains eight pages, with a cover letter and the newsletter.
Save the new document as
02i_MergedLetter and close all
documents.
2
31
You create the PowerPoint presentation from a blank using an
42. outline that your assistant created for you. You include
financial data from the worksheet you updated earlier and
format the presentation, so it looks professional.
Start PowerPoint. Download and open the blank presentation
named
02i_Finance.pptx. Save the file to the
location where you are storing your files. Apply the
Retrospect theme with the default variant.
2
32
Enter the following text into the placeholders on the title slide:
Title placeholder:
Healthy Living Motorcycles, Inc. Change
the font size to
60.
Subtitle placeholder:
Presented By: FirstName LastName.
2
33
Create Slide 2 using the
Title and Content layout and add
Agenda as the slide title.
Add the following content. Format the bullets as
Star Bullets.
Understanding Financial
StatementsUnderstanding Financial RatiosComparison of EPS
over Five Years
5
34
Insert a new slide using the
Title Only layout and add
Any Questions? as the title. Center the
43. title.
2
35
Select
Slide 2 and import the downloaded
02i_Outline.docx file into the
presentation.
3
36
Insert the downloaded
02i_Figure1.jpg on the Title Slide. Change
the height to
1.5”. Position it horizontally at
10.55” from the top left corner and
vertically at
0.20” from the top left corner.
3
37
Create a slide footer that displays the current date, the slide
number, and your full name on each slide, except the title slide.
2
38
Open the
02i_IncomeStatement.xlsx Excel file.
Select and copy the range
A1:G23 from the Income Statement
worksheet tab and paste it keeping Source formatting on
Slide 3. Change the table height to
5” and width to
7”. Apply an
Outside border to the table. Reposition the
table as needed so it fits nicely on the slide.
44. 3
39
Insert a new slide with the
Title Only layout after
Slide 8. Type
Comparison of EPS over Five Years as the
slide title. Copy and then paste and embed the
EPS Column Chart from the
02i_IncomeStatement Excel file to Slide
9.
3
40
Remove the
Chart Title. Change the chart height to
4.8” and position the chart in the middle
of the slide content area.
2
41
On Slide 2, create
hyperlinks to the respective slides:
Slide 3:
Understanding Financial
Statements<br>Slide 4:
Understanding Financial Ratios<br>Slide
9:
Comparison of EPS over Five Years
3
42
Apply the
Wipe transition to all slides. Apply the
Fly In animation to the bullets on Slide 2
and set the timing to
After Previous. Set the duration to
01.50 and delay of
45. 00.50. Save and close the presentation.
3
43
Reopen the
02i_MergedLetter.docx. At the end of the
document, in the blank line, insert the file
02i _Finance.pptx as an embedded object
that will display the PowerPoint presentation in the Word
document. (Hint: Click
Object in the Text group on the Insert tab,
and then select
Object. On the Create from File tab,
Browse to locate the file, confirm that the
Display as icon option is not selected, and then click
OK.) Press
ENTER. In the next empty paragraph,
insert the file
02i_IncomeStatement.xlsx as an embedded
object that will display the Excel workbook in the Word
document. Resize the embedded Excel object so that it fits on
the page. Press
ENTER. In the next empty paragraph,
insert the file
02i _HealthyLiving.accdb as an embedded
object that will display the Access database in the Word
document.
Save the Word document. Close Word, and submit the
02i_MergedLetter.docx as directed.
1
Total Points
100
46. Created On: 04/12/2019 1 EX19_DSP_Integrated_Business
1.0
__MACOSX/Mangat_EX19_DSP_Integrated_Business/._EX19_
DSP_Integrated_Business_Instructions.docx
Mangat_EX19_DSP_Integrated_Business/02i_Outline.docxUND
ERSTANDING FINANCIAL STATEMENTS
Balance Sheet
Income Statement
Statement of Cash Flows
UNDERSTANDING FINANCIAL RATIOS
Four common financial ratios are:
Liquidity
Leverage
Rates of Return
Stock Market
Liquidity Ratios
Current ratio = current assets / current liabilities
Quick ratio = (cash + marketable securities + net receivables) /
current liabilities
Leverage
47. Debt-to-asset ratio = total liabilities / total assets
Debt-equity ratio = long-term debt / shareholder's equity
Rates of Return
Return on assets (ROA) = net income / total average assets
Return on equity (ROE) = net income / total stockholders equity
Stock Market Ratios
Earnings per share (EPS) = (net income - preferred dividends) /
common shares outstanding
Price-earnings ratio (P/E) = market price per share / earnings
per share
Dividend-yield ratio = annual dividends / price per share
REFERENCES
Most Popular Accounting Topics:
http://accountingexplained.com/
Financial Ratios Formulas, Definitions and Explanations:
http://www.bizwiz.ca/financial_ratios_formulas_and_explanatio
ns.html
48. Financial ratio analysis – A reading prepared by Pamela
Peterson Drake:
http://educ.jmu.edu/~drakepp/principles/module2/fin_rat.pdf
Financial Ratio Analysis:
http://www3.nd.edu/~mgrecon/simulations/micromaticweb/finan
cialratios.html
Explanation of the Topic...Financial Ratios:
http://www.accountingcoach.com/online-accounting-
course/03Xpg01.html
General Information on Ratios:
http://mercury.webster.edu/westedou/financial_ratios.htm
__MACOSX/Mangat_EX19_DSP_Integrated_Business/._02i_Ou
tline.docx
Mangat_EX19_DSP_Integrated_Business/02i_Shareholders.xlsx
Sheet1FirstLastAddressCityStateZipPhoneAllisonMillward2732
Baker Blvd.GreensboroNC274925553345678BernettFox1200
Orchestra TerraceAmeliaVA23002-
12205553585554ClayHayesP.O. Box
555FedericksburgVA224085559984457CordleCollins47 Bering
St.Isle of Wright VA233975554472283EatonWagner1126
Brookstone
LaneMidlothianVA231135559883346KwasiWilliams7009
Jefferson WayVictoriaVA23975-
71005554475565NatashaSimpson187 Suffolk
Ln.MartinsvilleVA241125557753389JoyJones3059 14th Ave.
S.CharlottesvilleVA229035552587655JohnNunn89 Chiaroscuro
Rd.NorfolkVA235055559985557LauraPeterson120 Hanover
Sq.CreweVA239555553346654HagenGary8053 Landon
49. Ln.FayettevilleNC28311-36045553541554HalesBarbara103
Meadowglades LnAmherstMA01002-
11265512333357JanetKennedy115 Jay Matthews
LanePlanoTX75093-61645554752000JohnSmith147 Lawrence
StreetCarpinteriaCA930135554100231BethLockwood11501
Burberry DrPalmdaleCA93591-
20005554475300DickMaxwell11987 Main
StreetWilsonNC278935554475190FranklinScottswood1685
Mistywood LaneRaleighNC27615-1000LoisHernandez1743
Kelsey CtCharlotte Court
HouseVA239235550409911BillHerring116 Pecan LaneKing and
Queen Court HouseVA23085-09805559000046LoisHarwood245
South Dale RoadCharlotteNC28217CeciliaJohnston516 W. Gale
StreetRocky MountNC27801-30525554475230
VA_ShareholdersFirstNameLastNameAddressCityStateZipCordl
eCollins47 Bering St.Isle of WrightVA23397BernettFox1200
Orchestra TerraceAmeliaVA23002-1220ClayHayesP.O. Box
555FedericksburgVA22408LoisHernandez1743 Kelsey
CtCharlotte Court HouseVA23923BillHerring116 Pecan
LaneKing and Queen Court HouseVA23085-0980JoyJones3059
14th Ave. S.CharlottesvilleVA22903JohnNunn89 Chiaroscuro
Rd.NorfolkVA23505LauraPeterson120 Hanover
Sq.CreweVA23955NatashaSimpson187 Suffolk
Ln.MartinsvilleVA24112EatonWagner1126 Brookstone
LaneMidlothianVA23113KwasiWilliams7009 Jefferson
WayVictoriaVA23975-7100
__MACOSX/Mangat_EX19_DSP_Integrated_Business/._02i_Sh
areholders.xlsx
Mangat_EX19_DSP_Integrated_Business/02i_Finance.pptx