Common size statement
Instead of a balance sheet, let's build a common size statement for Year 2018 to indicate where assets and equity/liability are placed in the company.
You will use absolute referencing to create percentages for Column F. You should use the $ before the column letter and the column number to make sure the cell does not change when you copy over the formula.
This exercise is part of the course
Financial Modeling in Google Sheets
Exercise instructions
- Create the proportions for each row of the Assets section by selecting the 2018 column divided by
E11. - Create the proportions for each row of the Equity and Liability sections by selecting the 2018 column divided by
E25. - For the Total Liabilities and Equity row, in
F25, divide the 2018 column byE25. - Highlight these numbers and click on the
%symbol underFormatto create percentages.
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