Financial Statement Analysis

Complete Exercises B.24.07 and I.24.03 in the Walther textbook (http://www.principlesofaccounting.com/chapter-24/). Click Chapter 24 problems to find the assignments.

• For B.24.07, use a spreadsheet to provide your answer.

• Include an explanation of how a lump sum is different from an annuity as part of your answer (this is not required as a computation, but rather a part of your written answer).

• Complete problem I.24.03 in a document, providing the answer in a 1-2 page paper formatted per APA Requirements.