Part 1: Complete Lab 1-1, Data Analytics in Financial Accounting, on page 28 in the textbook in an Excel file.,
Review the example below to see how some simple data analytics are performed. The purpose of this lab is to help you identify relevant questions that may be answered using Data Analytics.
Company Summary
You were just hired as an analyst for a credit rating agency that evaluates publicly listed companies in the United States. The company already has some data analytics tools that it uses to evaluate financial statements and determine which companies have higher risk and which companies are growing quickly. The company uses these analytics to provide ratings that will allow lenders to set interest rates and determine whether to lend money in the first place. As a new analyst, you’re determined to make a good first impression.