MGT 225 - Managerial Accounting

This comprehensive final assignment covers the materials from the entire course and it was developed to assess the understanding and relationship between many of the concepts introduced throughout the semester. This assignment will be due no later than 12/14/2020 at noon (EST). It can be submitted through Moodle assignment anytime prior to the due date. Instructions: After reading the introduction, complete the five components of this assignment in the space provided. Your writing must be legible to earn credit for your answers or it can be typed in a word processor. Partial credit may be given if supporting work/calculations are completed. Please ask the instructor if you have any questions/concerns regarding the instructions. This final assignment is worth a total of 40 points and each of the 5 sections are equally weighted. Five Sections of the Final Assignment: 1. Prepare and evaluate a Comparative Horizontal Income Statement and Balance Sheet and a Common Size Vertical Income Statement using current financials from an existing business. 2. Conduct a Ratio Analysis using financials from an existing business and analyze both the ratio and the trend. 3. Using the Bottoms Up Approach to Pricing, determine the minimum sales revenue needed for the first year the new business will be open. 4. Prepare an Annual Budgeted Income Statement in the USAR format for the first year of a new business. 5. Calculate and analyze Average Check Projections for both meal periods based on the prepared operating budget.