Assignment -4 | Financial Statement Analysis: Profitability and Performance Metrics in Excel

Excepted timing : 5 minutes

| Item       | Cost   | Revenue | Profit |
|------------|--------|---------|--------|
| Product D  | 550    | 820     |        |
| Product E  | 630    | 950     |        |
| Product F  | 720    | 1050    |        |
| Product G  | 680    | 980     |        |
| Product H  | 590    | 870     |        |
| Product I  | 660    | 930     |        |
| Product J  | 710    | 1020    |        |
| Product K  | 590    | 880     |        |
| Product L  | 640    | 940     |        |
| Product M  | 600    | 910     |        |
 
Task :
  1. Calculate the profit for each product using a formula (Revenue - Cost).
  2. Calculate the total cost and total revenue using the SUM function.
  3. Use IF function to categorize each product as "Profitable" if Profit > 0, otherwise "Not Profitable".
  4. Create a pie chart to represent the percentage distribution of Profitable and Not Profitable products.
  5. Format the financial statement with currency and percentage formats.

To perform the tasks outlined in Assignment  using Excel, follow these step-by-step instructions:

Steps to Perform:

1.      Calculate Profit for Each Product:

2.      Calculate Total Cost and Total Revenue:

3.      Categorize Products as Profitable or Not Profitable:

4.      Create a Pie Chart for Profitable vs. Not Profitable Products:

5.      Format Financial Statement: